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Special Edition | What is going on with the US R&D Tax Credit?

The SaaS CFO

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The R&D Tax Credit Is Still the Best Way to Reduce Additional Income Tax Liability

The R&D tax credit is still a dollar for dollar tax credit that reduces your federal and state income tax liability. For software development companies, Section 174 specifically calls out anybody doing software development must amortize their expenses. If you haven't in the past, you have to move forward as if this is tax code and tax law.

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