Using Your R&D Tax Credit Against Payroll Taxes
Shay CPA
MARCH 6, 2024
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. Fortunately, post-Protecting Americans From Tax Hikes (PATH) Act, things have changed. But again, don’t worry.
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