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.