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 ...

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 ...

LANSING — Michigan companies could claim a state tax credit for research and development spending under bills moving forward in the Legislature after changes were made in response to suggestions ...

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 ...

Business groups in the state widely support a new state legislative proposal that would establish a research and development tax credit for pass-through entities, which would benefit small to ...

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 ...

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 ...

CONCORD - Doubling the state research and development tax credit for businesses easily passed the Senate Wednesday on a 23-0 vote.

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 ...