Author Archives: Daniel Lewicki

Tax Credits and Incentives Can Offset Research Costs

    Looking ahead to next year’s tax season, you can maximize the benefits of available US tax credits and incentives. A powerful incentive known as the research and development (R&D) tax credit is available at federal and state levels to help companies recover a significant amount of their R&D costs. Organizations that qualify for the credit range from small farming collectives investing in improved livestock breeding methods to pharmaceutical and medical device companies developing new products. The key factor…