Businesses claimed over $11 billion in federal research & development tax credits in one year, according to recently released IRS statistics. These credits are available to businesses in a wide array of industries, and new rules make it easier than ever before to derive a benefit from this credit. Are you paying too much in taxes by not considering R&D?
Dopkins has prepared a series of videos to address this critical business issue. Our first video provides an introduction to the R&D tax credit, and describes how it can now be used to offset the Alternative Payroll Tax (AMT) and even payroll taxes.