Home / Expert Opinion / Keeping Your Balance: How changes to the research credit help small businesses

Keeping Your Balance: How changes to the research credit help small businesses

The “Protecting Americans from Tax Hikes Act of 2015” (the 2015 PATH Act) included an unexpected taxpayer-friendly bonus: Beginning in 2016, eligible small businesses may claim the research credit against the alternative minimum tax (AMT) liability. Even more important to certain “start-up” businesses is the ability to use the credit to offset the employer’s Social ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*