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What is the R&D tax credit, and who can claim it? If you don’t know, tax preparers near me can help.
Initially, the R&D credit (which stands for “research and development”) was created to reward taxpayers in industries such as pharmaceuticals, biotechnology, aerospace, and software, to name a few.
But get this:
Today, thanks to a few tweaks to the law, the R&D credit is broad enough to benefit almost any industry!
Could you get an enormous tax credit through R&D?
Let’s find out in your free tax assessment.