Navigating the R&D Tax Credit Maze: What SMBs Need to Know Amid Legislative Uncertainty
The TCJA of 2017 introduced the requirement to amortize R&D expenses, impacting cash flow and financial planning for many businesses. This change increases the short-term tax burden and complicates tax planning, potentially discouraging investment in crucial R&D activities. As bipartisan efforts aim to repeal this requirement, businesses are left navigating uncertainty. Learn more about how these changes could impact your business and the potential relief on the horizon.
