NH Life Sciences, an industry trade group, supports increases to the state’s R&D tax credit. SB276 amends the tax credit in ...
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 ...
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 ...
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 ...
Proponents of a new innovation fund and business tax credit celebrated the programs as a way to grow Michigan's economy and ...
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 ...
Life sciences industries are driving high growth in economic output, jobs and business creation in New Hampshire. However, ...
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 ...
On Monday, her wish came true. Whitmer signed into law House Bills 5100 and 5101 to create the R&D tax credit. She also added her signature to House Bills 5651, 5652 and 5653 to launch a new ...