PATH Act bonuses for smaller construction companies

If yours is a smaller construction company, you may think you’re even further behind the eight ball when it comes to claiming the research tax credit. After all, large businesses can presumably allocate staff and resources to innovation more readily. But smaller construction businesses should still give it a try — and the Protecting Americans […]

How contractors may claim the research tax credit

The research credit (often called the “research and development” or “R&D” credit) incentivizes businesses to step up their investments in research. Although calculating the break isn’t exactly easy, the end result can be well worth the effort. Generalities and specifics To be eligible for the research credit, an innovation-seeking business activity generally must: Relate to […]