Sharpening Your Knowledge of R&D Tax Credits Could Help Your Business

This article discusses the resource that is the research and development tax credit program. Through this program, various businesses can receive credit from the federal government in order to continue innovating and research efforts. Specifically, to this link, the machining industry should be looking at this program in detail. In order to qualify, the IRS requires that you pass a four-part test. Additionally, helpful information such as accurate record-keeping tips, how the funds can be used, and tax offsets are also outlined. Be sure to check out this link for more information!

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