November 14, 2018
The New York State Brewer's Association blog posted an article by Tax Partner William Kuhlman, about the advantages of the R&D tax credit for craft brewers.
New York State Brewer's Association Blog
By William Kuhlman, R&D Tax Credits Leader
Excerpt:
[T]he expanded R&D Tax Credit (1) provides a tasty incentive for breweries to evaluate investment for R&D credit qualification; (2) potentially permanently reduces federal and state effective tax rates, and (3) may provide breweries performing qualifying R&D activities the opportunity to monetize the R&D tax credit sooner than has been allowed in the past.
