10 Questions: Increase cash flow with the R&D Tax Credit
In the July 24, 2019 installment of the CohnReznick National Tax Webinar Series, members of our National Tax Practice reviewed ways to increase cash flow with the Research & Development (R&D) Tax Credit. During this webinar, they reminded our attendees that American businesses that design and develop new or improved products and processes can earn substantial tax savings through the R&D Tax Credit. In addition, our team reviewed:
- Ways to increase cash flow and immediately reduce current year regular tax liability, AMT, or FICA
- Using the credit to gain significant savings through a multiyear analysis
- How to gain permanent tax savings and a reduction of your overall effective tax rate
- How the R&D Tax Credit can be claimed in addition to any tax deduction taken for R&D expenses
- Other enhancements made to the R&D Tax Credit that you may not be aware of
Below are a few of the questions asked by attendees of the webinar, with answers provided by our CohnReznick presenters: Henrietta Fuchs, and Jessie Cahill.
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On-Demand Webinar: Increasing Cash Flow with the R&D Tax Credit
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