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R&D credit

Research Credit Awaits Renewal

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The research credit is still not a part of the permanent tax code and as such, taxpayers are still anxiously awaiting Congressional approval amid an IRS warning that further delays could result in problems as filing deadlines quickly approach. Based on the projected budget for the package of 50+ tax breaks for taxpayers, the research credit (a.k.a. the Credit for Increasing Research Activities) ha...
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