The good news is that many companies that put forth an effort to improve their own products and processes are eligible to receive the R&D Tax Credit, which can boost their bottom lines. The bad news is that some companies never even know it.
Floyd Holliman, CPA, Member in the Firm’s Tax Division and leader of the Firm’s Specialty Tax Services Group, joins Kim and Paul to discuss the R&D Tax Credit, what the credit used to be. what it is now, what products and activities could make your company eligible to benefit from it and what common pitfalls companies face.
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