Category: R&D Tax Credits

The R&E Tax Credit Rewards Industries for Being Innovative

About the R&E Credit Enacted in 1981 by the Economic Recovery Tax Act, the Credit for Increasing Research Activities [also known as the Research & Experimentation (R&E) or Research & Development (R&D) tax credit] rewards companies for the development or improvement of products, processes, techniques, formulas, inventions, or software applications. The R&E tax credit is […]

Federal and State R&D Tax Credit for Plastic Injection Molders

Plastic processors produce specialized parts utilized in virtually every industry, and this requires molding industry companies to constantly improve their technology and processes. Plastic injection molding companies spend significant resources, not only in materials and components, but also in the development of its unique manufacturing processes that are specific to the customer’s part. Processors consider, […]

Tool & Die Companies Can Improve Cash Flow with R&D Tax Credits

The research tax credit is a business credit that has been around since 1981. This incentive provides dollar-for-dollar credits and refunds (with interest) for companies performing activities related to the development of new or improved products and processes, formulas, inventions, techniques and prototypes. In these unique and uncertain times, these credits can provide much needed cash […]

Fermenting up Tax Savings with Federal and State R&D Tax Credits

Wineries experiment with flavors and processes in ways that may qualify for a significant federal tax credit.  Wine making done right involves both art and science.  Yet, most wine makers overlook a tax-saving opportunity that is more commonly associated with manufacturing and tech companies. The Federal Research & Development (R&D) tax credit provides a federal […]