R&D Tax Credits
Major Tax Law Changes for Manufacturing and R&D Companies
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, provides significant tax advantages for companies investing in capital assets and manufacturing facilities. Companies can maximize…
Read MoreArizona R&D Tax Credit: Significant Tax Savings for Innovation
Arizona offers one of the most valuable state R&D tax credits in the country, and many businesses conducting research activities may be missing out on substantial tax savings. If your…
Read MoreNew IRS Regulations for Semiconductor Manufacturing Tax Credits
The IRS has released final regulations for the Advanced Manufacturing Investment Credit under the CHIPS Act. If your company manufactures semiconductors or related equipment in the United States, you may…
Read MoreMajor Changes Coming to Texas Research and Development Tax Benefits
Texas has enacted significant changes to how businesses benefit from research and development (R&D) tax incentives. Starting January 1, 2026, the state is streamlining its R&D benefits by replacing the…
Read MoreMichigan Enacts Refundable R&D Tax Credit
On January 13, 2025, Governor Gretchen Whitmer signed bipartisan legislation re-establishing a refundable Research and Development (R&D) Tax Credit as part of the Michigan Innovation Fund initiative. Primarily through House…
Read MoreR&D Tax Credit Reporting: New Rules, New Requirements
The federal research and development (R&D) tax credit, while a valuable incentive, has long been known for its complexity. The tax return itself has historically been relatively straightforward, the IRS…
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