R&D Credit 101: Defining Business Component
Are you a small business owner looking to take advantage of the Research & Development (or R&D) tax credit? If so, you’ve probably heard the term “business components.”
What is the R&D Tax Credit?
The Research and Development (R&D) tax credit is a United States government sponsored tax initiative resulting in a dollar for dollar reduction in a company’s tax liabilities. Find out if your company qualifies.