The R&D tax credit is a 20% credit for incremental expenses incurred in domestic research and development activities. This credit benefits various businesses, but the vast majority of R&D claims at ...

In July, the IRS wrapped up its annual Dirty Dozen scams list, designed to warn taxpayers against abusive tax promotions. One practice mentioned is the improper claiming of business credits, ...

There are two types of tax incentives: deductions and credits. As tax advisers, we always prefer credits. In most cases, they offset income tax liability dollar for dollar, whereas deductions only ...

The Protecting Americans From Tax Hikes Act of 2015 (PATH Act), P.L. 114-113, contained several provisions favorable to taxpayers that incur qualified research and development (R&D) expenditures.

Big Problem: Inefficient tax credit realization. Big Thinking: Identified a $900,000 tax credit, nearly twice as much as prior years. Joining Schneider Downs in 2004, Doug Morally has more than 14 ...

Your business doesn't have to be involved in the latest technological breakthrough to take advantage of the research and development, or R&D, tax credit. If you're working on ways to improve your ...