What Business Owners Should Know About the R&D Payroll Tax Credit in 2024

What Business Owners Should Know About the R&D Payroll Tax Credit in 2024

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April 2024 Across the country and across many industries, there is an ongoing need to innovate. Of course, coming up with the next big thing often requires a great deal of investment, time, research and development. This can add up quickly—but the good news is that a tax credit available to businesses for qualifying research and development costs can help to offset some of those expenses. Business owners are implored to understand recent changes to the R&D tax credit along with current eligibility requirements so they can minimize their tax burdens while continuing to improve and innovate in their respective fields. View the full article here.

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