Does Your Company Qualify for the Federal R&D Credit?

Diane DeCesare of Drucker & Scaccetti is a member of XPX Philadelphia
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As we close the books for the 2021 year, there is no need to close the door on tax planning strategies for that year. The Federal Research and Development (R&D) Credit is available to reduce your tax liability for the years 2018 to 2021. New IRS guidance, and a few more requirements in some cases, may provide tax credit for your enterprise’s research and development activities.

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Updated: January 21st, 2022

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