This month, we feature articles on claiming R&D Credits against payroll withholding and how compliance is limiting fintech innovation.
Technology + Biosciences Insights
February 2017
Claim R&D Credits Against Your Federal Payroll Withholding
By Carli McDonald, partner-in-charge of R&D Tax Credit Services, and Olivia Backs, tax associate
For tax years beginning after Dec. 31, 2015, qualified small businesses can apply their R&D Credits against payroll tax withholding liability up to $250,000 per year.