Research and development is a critically important aspect of the cannabis industry’s current and future growth.
The water recycling business is brimming with opportunities to claim Research and Development (R&D) tax credits.
Many companies in the food processing industry do not realize that they are eligible for the research and development tax credit.
U.S. pharmaceutical companies spend billions of dollars annually conducting research to develop new or improved medicines. Now is the optimal time to take full advantage of the R&D tax credits that are available to them.
All of the innovative pursuits related to crafting beer with various new flavor and aroma profiles, are exactly the types of ventures that the R&D credit is available for.
R&D is essential to driving technological change in aquaculture, and many people working in the industry engage in R&D activities on a weekly basis. These activities could qualify for a significant tax credit that shouldn’t be passed up.
Did you know that Electrical Contractors may be eligible to receive Research and Development (R&D) tax credits?
Does your manufacturing business improve a process or product for the automotive industry? Do you work to make an automotive product cleaner or more efficient? Or, perhaps you provide technical solutions that make production work more efficiently. If you are conducting any of these activities, are you taking advantage of the research and development (R&D) tax credit?
What are Qualified Research Expenses (QREs)?
When you think about it, packaging is essential for any product being sold. From storage to transport to the end user, package designers seek ways to advance the quality, functionality and safety of their products—all within compliance of regulatory guidelines. Many package designers would be surprised to discover that many of the activities they already are conducting qualify for valuable tax credits.