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How Early-Stage Technology Companies Can Get Immediate Tax Savings Using R&D Credits

Congress, with the passage of the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), enables small businesses to use research and development credits (R&D credits) to offset payroll tax liabilities and Alternative Minimum Tax (AMT) liabilities. Before the enactment of the PATH Act, R&D credits could only offset income tax and thus went

PATH Act gives big boost to technology innovation

New law allows tech companies to claim R&D credit against payroll taxes Friday, Dec. 18, President Obama signed into law the Protecting Americans from Tax Hikes Act of 2015 (PATH Act). As part of this act, the Research & Development Tax Credit has been permanently extended. The PATH Act also provides a new provision for