Research and Development Tax Credits

  • Logistics
  • 8/29/2022

Normally research and development (R&D) tax credits aren’t something we think of in the transportation industry. However, with all of the technological adv...

Normally research and development (R&D) tax credits aren’t something we think of in the transportation industry. However, with all of the technological advances that have happened in the past few years, and companies looking to upgrade their current technology and software, it’s something that shouldn’t be overlooked. Michael De Prima and Mark Hall from CLA’s Federal Tax Strategies group have seen an increase in the R&D credits for transportation companies lately, and wrote a great article as to how your company could benefit from these credits.

Here’s a link to the article.

This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.

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