The aerospace and aviation industries are currently driving America’s economic growth by providing 15% of the US Gross Domestic Product and offering approximately 11 million domestic jobs. Consequently, we depend on this highly technical workforce to keep expanding America’s innovation. ... Views: 948
The Kuhler Tax Credit team has been spending time in DC tracking the “tax extender package” activity. The “tax extenders”, which includes the Research and Development Tax Credit, is a tax relief package that helps companies reduce their tax liabilities from different investments incurred ... Views: 548
To qualify for the R&D Tax Credit an activity must meet all four items of the “Four-Part Test”. The IRS Four-Part Test requires: a new or improved business component (product, process, technique, invention, formula or software), the business component to be technological in nature, some kind of ... Views: 703