Research & Development Tax Credits Video Part 2 – Does Your Business Qualify Under the IRS Test?
April 5, 2017 | Authored by Dopkins Tax Advisory Group
Apr 5, 2017 – 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?
In today’s installment of Dopkins Research & Development video series, Tax Team members look at the 4-part test put in place by the Internal Revenue Service for verification if a business activity qualifies for R&D tax credits.
About the Author
Dopkins Tax Advisory Group
Our tax professionals include specialists who are proactive, strategic thinkers who work to maximize your cash flow. In addition to cash flow considerations, we also believe that tax planning is most effective when it is integrated with, and fully supports, your business plan and personal goals. Our approach to tax planning will help you better understand the tax implications of any proposed course of action, and together we can make the right decisions for your business. For more information contact your Dopkins Client Service Coordinator or Gregory Urban at gurban@dopkins.com
