The Potential Benefits of Research & Development
Originally published on January 8, 2025
Unlock the full potential of research and development (R&D) tax incentives in the manufacturing industry! In this episode of Moore on Manufacturing, James Moore tax director and specialty tax team member Kris Hutchins breaks down the R&D tax credit, common misconceptions, and how manufacturers can identify qualifying activities to maximize their benefits.
🔍 What You’ll Learn:
✅ What qualifies as R&D activities in manufacturing
✅ How to track and document R&D efforts for tax purposes
✅ When to engage third-party R&D tax studies
✅ Key tax-saving strategies for manufacturers
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