Using Your R&D Tax Credit Against Payroll Taxes
Shay CPA
MARCH 6, 2024
For most companies, payroll makes up a huge category in the latter. It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. As a quick reminder, this is the 6.2%
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