While state research and development incentives aim to spur innovation, mixed evidence suggests they may simply shift ...

In July, the IRS wrapped up its annual Dirty Dozen scams list, designed to warn taxpayers against abusive tax promotions. One practice mentioned is the improper claiming of business credits, ...

The R&D tax credit is a 20% credit for incremental expenses incurred in domestic research and development activities. This credit benefits various businesses, but the vast majority of R&D claims at ...

Laura Tyson and Greg Linden examine the role of the R&D tax credit in federal government support for research and development. Investment in research and development is a significant driver of ...

Boilers are indispensable to much of the American economy, ranging in application from electricity generation to food processing, to the manufacturing of paper goods. Boiler manufacturers need a way ...

The Protecting Americans From Tax Hikes Act of 2015 (PATH Act), P.L. 114-113, contained several provisions favorable to taxpayers that incur qualified research and development (R&D) expenditures.

The expanded 2025 R&D Tax Credit guidelines now include more businesses across industries beyond traditional tech companies. Qualifying businesses can receive 14-20% of their R&D expenses as ...

Signed into law on Aug. 16, 2022, the Inflation Reduction Act, P.L. 117- 169, included a package of tax credits intended to encourage investment in domestic energy and innovation. The Inflation ...

Across the globe, governments are rolling out the red carpet for innovation. The United Kingdom offers a generous, sometimes refundable, R&D credit. Canada provides substantial credits at both federal ...

Forbes contributors publish independent expert analyses and insights. I write about tax policy and how it affects business. Congress is sharpening its pencils as to the next round of legislation ...

An innovation tax credit aimed at activities that enable and support Ireland’s strong R&D base could bring investment ...

The Research & Development (R&D) tax credit was enacted in 1981 and made permanent in 2015. Traditionally, the R&D credit has been accessible to a wide range of businesses, as long as they satisfy the ...