Research & Development (R&D) Tax Credit Frequently Asked Questions
Cherry Bekaert
JULY 11, 2024
The R&D Tax Credit provides a dollar-for-dollar offset to taxable income for businesses that are paying taxes. The Protecting Americans from Tax Hikes (PATH) Act in 2017 created an opportunity for start-up companies to monetize the tax credit as an offset to employer-paid payroll taxes. Recent U.S.
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