The credit issued by the state for businesses with more than 250 employees would count against an individual or corporate income tax in an amount equal to 10% of the increased research and ...

On January 13, 2025, Michigan Governor Gretchen Whitmer signed legislation (Michigan House Bill No. 5100) establishing a research and development tax ...

LANSING — Businesses that increase their research-and-development spending in Michigan could claim a state tax credit for up to $2 million a year under bills set to be considered in the ...

Not just for Silicon Valley, the research and development tax credit is available on a federal and state level. However, almost 80% of businesses eligible for a research and development tax credit ...

IRS extends R&D tax credit transition period By Michael Cohn November 25, 2024, 3:37 p.m. EST 1 Min Read Samuel Corum/Bloomberg ...

Michigan will bring back a research-and-development tax credit for businesses and launch a new fund to foster startup companies under bills signed into law by Gov. Gretchen Whitmer on Monday.

Lindsey McPherson talked from Capitol Hill's House gallery about the research and development tax credit extension bill being debated in the House. Many members would like to make it permanent ...

Texas' current research and development tax credit program will expire in December 2026. Here's how business leaders are lobbying to have it extended.

A strong R&D tax credit program could boost Texas’ economy significantly — increasing the state's economic output by $1.3 billion in five years.

Opinion: Now is the time for American farmers to harness the power of AI 08/10/23 11:36 AM By Mike Johanns ...