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How to calculate R&D tax credit

How To Calculate The R&D Tax Credit

The research and development tax credit (R&D credit) is a general business credit available to businesses that created or improved a product or process. Businesses that are eligible to receive the R&D credit must have participated in qualified R&D activities as outlined under Section 41 of the IRS Tax Code.

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Aug 24, 2023 Filed under: Accounting, Bookkeeping, Invoicing

2023 Best States For Black Entrepreneurs

The Mid-Atlantic and Southern regions are fortifying their reputation as the best states for Black entrepreneurs, with the Gulf states of Louisiana and Florida joining their ranks thanks to an increase in Black business creation within their borders. This is the finding from Merchant Maverick’s annual report on the Best States for Black Entrepreneurs.

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Oct 11, 2023 Filed under: Data Reports, Small Business