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House approves 2015 R&D tax credit

May 21, 2015

The House voted on May 20th to permanently restore the research and development tax credit.  The House passed a similar bill in May 2014, which was negotiated into a one-year extension applying only to 2014.  The fate of this House bill waits to be seen, but President Obama has threatened to veto the House bill.

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breaking news

December 23, 2014

The research and development tax credit officially expired at the end of 2013. The Tax Increase Prevention Action of 2014 (TIPA) was passed by Congress on December 16th and signed into law by President Obama on December 19th.  The r&d credit was approved retroactive to...

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