There are two types of tax incentives: deductions and credits. As tax advisers, we always prefer credits. In most cases, they offset income tax liability dollar for dollar, whereas deductions only ...

Gov. Ned Lamont has outlined plans to introduce a nearly $2 million tax cut, focusing on boosting research and development in ...

The additional credit would be capped at $200,000 ... "Equitable, accessible funding and an R&D-friendly tax environment is how we’ll transform today’s big ideas into tomorrow’s growth ...

The UK government's R&D Tax Relief scheme is designed to encourage and reward such innovative activities, particularly those that resolve scientific or technological uncertainties. Qualifying for R&D ...

Gretchen Whitmer on Monday. The state had an R&D credit that went away when the corporate income tax replaced a prior business tax in 2012. Supporters of restoring the credit — and launching the ...

Michigan Governor Gretchen Whitmer signed legislation (Michigan House Bill No. 5100) establishing a research and development ...

It is not a secret that many high-earning entrepreneurs feel shaken when tax season rolls around. The rules are constantly changing, and the stakes are high. Yet this upheaval also opens up exciting ...

A proposal in UK chancellor Jeremy Hunt's autumn statement to overhaul the R&D tax credits system – for small and medium-sized enterprises (SMEs) to reduce what he described as "abuse and fraud ...

David Pickstone is a partner and Anastasia Nourescu is a senior associate at law firm Stewarts HMRC has recently intensified its scrutiny of research and ...

Lamont detailed his intention to increase the state's research and development tax credit from 60% to 90%. "I was down at the BioCT meeting in New Haven. A lot of new start-ups in the life ...