Research Tax Credit 2018: Available to Some Businesses for the First Time

The Tax Cuts and Jobs Act (TCJA) didn’t change the federal tax credit for “increasing research activities.” Regardless, several TCJA provisions have an indirect impact on the credit. As a result, the research tax credit may be available to some businesses for the first time. AMT Reform Previously, corporations subject to alternative minimum tax (AMT) … Continue reading “Research Tax Credit 2018: Available to Some Businesses for the First Time”