The state of New Jersey allows a qualified business enterprise to claim a state R&D tax credit for these qualified research expenses.
Less than 33% of companies that qualify for the federal R&D tax credit actually utilize it, due to misconceptions about qualification and the complexity of necessary documentation. The following answers set the record straight.
This simple four-part test will help determine if you qualify for the Research & Development Tax Credit.
The permanent extension of the R&D tax credit is a wake-up call that beckons many industries to evaluate their eligibility to apply for the credits.