alliantgroup Managing Director Tracy Lustyan will host a free webinar titled, “Illinois R&D Credit Renewal: A Big Win for State Businesses” on August 17 at 12:00 pm CT. The presentation will discuss the recent five-year retroactive extension of the Illinois state research and development tax credit, and explain the qualifications for both the state and federal credit.
The State of Illinois has renewed its R&D tax credit until 2021, bringing much needed certainty for business owners. Combined, the state and federal credits are expected to pump millions of dollars back into Illinois’ economy. This will provide Illinois businesses with the extra funds they need to hire new workers, purchase new equipment and reinvest in their operations.
“This extension will open up so many investment opportunities for companies around the state”, said alliantgroup CEO Dhaval Jadav. “I would encourage Illinois business owners, leaders and executives to attend this webinar to learn more about this potentially valuable opportunity for their businesses.”