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R&D Tax Credits: Grant Thornton LLP

Research and development (R&D) tax credits: Warning…Quality matters! By: Mark Andrus, national partner in charge of research and development, Grant Thornton LLP While Congress has been fair to the high-tech industry by extending and expanding the research and development (R&D) tax credit, the Internal Revenue Service (IRS) is watching closely to ensure that the credit […]

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New Domestic Production Activities Deduction: Grant Thornton

  Federal Tax: The New Domestic Production Activities Deduction By Mel Schwarz For many taxpayers, the centerpiece of last year’s tax legislation is the new domestic production activities deduction. Estimated to reduce taxes by more than $76 billion over the next 10 years, this provision primarily benefits those who produce products or build things in […]

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