In July 2018, the state enacted Assembly Bill 4202 which amended the R&D tax credit to allow using a new calculation method. For tax years beginning in 2018, New Jersey corporations now have the ...
The R&D tax credit is a 20% credit for incremental expenses incurred in domestic research and development activities. This credit benefits various businesses, but the vast majority of R&D claims at ...
In July, the IRS wrapped up its annual Dirty Dozen scams list, designed to warn taxpayers against abusive tax promotions. One practice mentioned is the improper claiming of business credits, ...
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