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June 08, 2017

6 Myths About the R&D Credit That Cost Businesses at Tax Time

The Research & Development (R&D) Credit may be one of the most misunderstood and underused incentives in the federal tax code. There are a lot of myths about the credit that cause businesses to think that it doesn’t apply to them or that, if it does apply, the value is so limited that it doesn’t deliver a significant benefit. Here’s a look at a few of the misconceptions that have cost businesses millions in missed tax credits over the years.

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Topics: Tax Credits, R&D