R&D Tax Credit | Tax Credit | Palma Financial Services

[cs_content][cs_element_section _id=”1″ ][cs_element_layout_grid _id=”2″ ][cs_element_layout_cell _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]Many taxpayers do not realize that the R&D tax credit is available to businesses of all sizes in many categories, not just significant corporations conducting tests in research labs. Under the current tax code, any company that develops or improves products or processes may be eligible.
Many are unaware of the R&D tax credit, and those aware may not believe it applies to them. Luckily, the regulations permit eligible taxpayers to “look back” to all open tax years for potential unclaimed tax credits.
This is for informational purposes only. If you are interested in hearing more about our services, we are a CPA firm specializing in tax planning and preparation, virtual CFO services, accounting, and tax resolution.
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