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How to save big by claiming the new federal R&D tax credit

from The Washington Post

Many businesses believe that navigating tax laws — new and old — can be tricky at best, painful and expensive at worst. But the U.S. Treasury just introduced new regulations that potentially open the vast wallets of the federal government to qualifying small and medium-sized businesses. Specifically, the regulation allows innovative SMBs to apply the Research and Development Alternative Simplified Credit to amended returns for up to the last three years. more


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