8+ Reasons Startups Miss Out on the R&D Tax Credit
The research and development (R&D) tax credit was established in the early 1980s as an incentive to stimulate growth in the US economy. But due to the fact it was an income tax credit, it saw little use by pre-revenue startups. In late 2015, the federal government changed the rules about how companies could claim the R&D tax credit. Early-stage companies can now take advantage of this lucrative incentive, up to $250k per year, that traditionally only went to the big guys.
JEFF HASKETT
, PRESIDENT
, CLARUS R+D
13 Jan 2021
