What Is the Research & Development Tax and How Can It Benefit Your Business

In a surprisingly competitive and innovation-pushed market, organizations that put money into new products, procedures, or technologies often keep a crucial advantage. But did you realize that your company may qualify for a good sized tax incentive just by means of undertaking innovation? Enter the Research & Development Tax Credit — a effective and often underutilized tool that could dramatically reduce your tax liability and free up capital for growth.