According to former Senior Counsel to the U.S. Senate Finance Committee and alliantgroup National Managing Director, Dean Zerbe, Congress did U.S. manufacturers a major favor at the end of last year. Now, it is up to those manufacturers to follow through on their good work.
In his article appearing in Manufacturing.net “The New R&D Tax Credit: A Game-Changer for Manufacturers,” Zerbe reviews the benefits of the R&D Tax Credit for eligible manufacturers and breaks down how a key modification to the credit passed as part of the PATH Act will substantially impact the manufacturing sector in 2016 and beyond. Along with the permanency of the credit, this major modification is set to greatly increase the number of manufacturers eligible for the credit and the valuable tax savings that come with it.
Contact us today for more information on the PATH Act and its impact on the R&D Tax Credit.