Pending law will allow use of R&D tax credits to reduce employer payroll tax liability.

Posted by Jeffrey Feingold on 03.09.13

If this law is passed employers will be able to use R&D credits to reduce payroll taxes: The Startup Innovation Credit Act of 2013 would level the playing field. It says that in order to spur research and development, we should allow companies to claim the R&D tax credit against their employment taxes. That would open this credit to new companies that don't yet have an income tax liability.

Read more here


Fill out my online form.



Latest from the blog

Tax Credits and Tax Deductions Available for the Construction Industry

Read More

HVAC Contractors Staying Cool with the Help of R&D Tax Credits

Read More

R&D Tax Credits for the Tool and Die Industry

Read More

Contact Us Today for a No Risk Assessment

Get Started