Claiming the R&D Tax Credit for Your Business

Topics include:

• The R&D Tax Credit 

  History and overview

• Why Claim the R&D Tax Credit

  Benefits 

• Who Qualifies? 

  Industries and company types 

  States and countries

• How to Claim the R&D Tax Credit

• Q&A

Each year, the Research and Development (R&D) Tax Credit infuses billions of dollars into U.S. corporations across an array of industries, making it one of the largest tax credits available. However, the R&D Tax Credit remains largely under-claimed by middle-market companies. The benefits of the tax credit for early-stage companies and small to midsize businesses were expanded in 2016 and again more recently as part of the Tax Cuts and Jobs Act (TCJA). During her presentation, Angela Sadang, Principal at Marks Paneth LLP, will explain these taxpayer-friendly changes and help you consider whether your business may benefit from claiming the R&D Tax Credit.

The Melville Chamber of Commerce presents the Business Resource Roundtable. The purpose of the Roundtable is to provide a forum for Chamber members to bring their specific business questions, issues or problems to a group of peers. Based on their knowledge & experiences, attendees offer possible solutions and/or identify available resources that may assist in the solution. Roundtable participants can request solutions, offer experienced advice, and assist each other in bringing their companies to a higher level of performance.

This is a free resource to Chamber Members and will be hosted by a different Chamber Member business each month. Breakfast will be served. Space is limited, so registration is required.