Maximize your innovation with The R&D Tax Credit

The Research and Development (R&D) Tax Credit is a general business credit that incentivizes companies to perform activities related to the development of new products and/or processes by allowing companies to claim a dollar-for-dollar offset against income tax liability, or if eligible, payroll tax liability. This lucrative credit was first Introduced in 1981 as part of the Economic Recovery Tax Act. The R&D Tax Credit has proven to be a valuable tool for incentivizing innovation.