R&D Tax Credits

Federal research and development (R&D) tax credits are designed to incentives companies to develop and improve products, processes, software and more. In this episode, Les Bryson joins us to discuss everything from how it works, who it is for, how to qualify and how to deal with potential examinations. We also discuss the impact of the tax cuts and jobs act and the PATH Act on the credits. In addition, we discuss the employee retention credits (ERC) and the recent uptick in promotions and also how the IRS is cracking down.