Tax policy is set for a pivotal year and while most will focus on potential corporate tax rate changes, a new issue is ...

There are two types of tax incentives: deductions and credits. As tax advisers, we always prefer credits. In most cases, they offset income tax liability dollar for dollar, whereas deductions only ...

The tax credit program is set to expire on Dec. 31, 2026, but business leaders contend it's "critically important" that it be ...

The Research Tax Credit for federal purposes has been around since 1981 ... large business taxpayers can use when identifying QREs based on financial statement R&D amounts). "Tax year 2025 is when all ...

A bipartisan group of lawmakers has reintroduced legislation to allow immediate expensing of research and development costs, ...

IRS changes to R&D tax credits affect manufacturers. Learn about updates to Form 6765, disclosure rules, and possible ...

Pass-through business entities with research and development expenses would receive a tax credit under a bill being ...

The UK government's R&D Tax Relief scheme is designed to encourage and reward such innovative activities, particularly those that resolve scientific or technological uncertainties. Qualifying for R&D ...

The Iowa Economic Development Authority (“IEDA”) recently unveiled its bill (HSB 305 and SSB 1205) to overhaul Iowa’s tax credit system. The bill ...