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Tax Credit Services Research & Development Tax Credit The Research & Development Tax Credit (R&D) offers tax incentives and expensing of costs for investments, research efforts of qualifying companies to develop new or improved products/processes in their businesses. This credit is not just for the more technical companies as it is often thought to be. Regulations of the IRS in December of 2003, which are retroactive, have made it easier to qualify. In addition, many states also offer R&D credits. |
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