• CIC Cambridge (map)
  • One Broadway
  • Cambridge, MA 02143
  • USA

Host: Withum Smith & Brown

Join Us for Breakfast, Networking and a Presentation on the R&D Tax Credit

Qualified Small Businesses (QSBs) can utilize a re-designed federal Research and Develop- ment (R+D) tax credit, receiving the benefits more immediately. QSBs are able to elect to ap- ply the R+D credit toward their payroll tax liability rather than their income tax. This allows companies to take advantage of the credit before profit is generated.

Join Kevin McNulty, a Principal in Withum’s National Tax Services Group and leader of the R+D Tax Credit initiative, as he provides more details and insight into the R+D Tax credit. Kev- in will emphasize recent favorable items for the taxpayer, including:

  • Permanency of the R+D Tax Credit
  • Final internal-use software regulations
  • Refundable potential for small businesses
  • And more.