Source: Cornwell Jackson Blog

Cornwell Jackson Blog Inflation Reduction Act expands valuable R&D payroll tax credit

When President Biden signed the Inflation Reduction Act (IRA) into law in August, most of the headlines covered the law's climate change and health care provisions. But the law also enhances an often overlooked federal tax break for qualifying small businesses. The IRA more than doubles the amount a qualified business can potentially claim as Continue Reading →The post Inflation Reduction Act expands valuable R&D payroll tax credit appeared first on Cornwell Jackson.

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