New tax benefits available when claiming the Federal research and development credit
March 1, 2016
If you conduct qualified research activities, you may be eligible to claim a federal income tax credit known as the “research and development” credit. This credit is now permanent and may benefit you when you design, develop, and improve business products or processes. Beginning in 2016, the research and development credit can be applied against your alternative minimum tax liability....
Tags: Federal R&D credit