What Is the R&D Tax Credit? The federal R&D Tax Credit, formally known as the Credit for Increasing Research Activities under IRC Section 41, was established in 1981 and made permanent in 2015. It provides a dollar-for-dollar reduction in federal tax liability for businesses that incur qualified research expenses (QREs). Unlike a deduction, which reduces […]
Read MoreThe R&D Tax Credit: A Federal & State Guide For Innovation-Driven Businesses


