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

Does Your Business Qualify for Pennsylvania R&D Tax Credits?

Read More

Valuable R&D Tax Credits for the Life Sciences/Biotech Industries

Read More

Will Filing for R&D Credits Increase My Audit Risk?

Read More

Contact Us Today for a No Risk Assessment

Get Started