The R&D tax credit, also known as the Research and Development tax credit, was created as a way to incentivize U.S.-based research and development activity. The Protecting Americans from Tax Hikes (PATH) Act in 2015 made this a permanent tax credit and extended the benefits to startup companies. The credit enables businesses of all sizes to reduce their federal income tax for qualified research expenses.
Join Maryland MEP and our presenting partner, Source Advisors, on November 7th for a free webinar further discussing R&D Tax Credits for Manufacturers.
This webinar will touch on several topics related to the R&D Tax Credit, the manufacturing industry, and its tax benefits. You will learn about the credit, what manufacturing activities and expenses can be included, an overview of how the credit is calculated, real-life case studies, and how to choose the right R&D firm to work with.