13 2022
Cheryl Lanese CPA CCIFP
Inflation Reduction Act Enhances Payroll Tax Break for Small Manufacturers’ Research Expenses
Is your manufacturing company on the cutting edge? It’s important to keep pace with the competition, especially if you’re trying to carve out a niche in a new marketplace. Fortunately, federal tax law allows manufacturers to claim a generous tax credit for qualified research expenses. The credit generally offsets income tax liability on a dollar-for-dollar […]
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