by TJ Sponsel & David Seibel, EAMay 16, 2024

Comparing State and Federal R&D Tax Credit Opportunities

In this episode, host TJ Sponsel and guest David Seibel discuss the numerous state R&D Credits that are available for taxpayers in addition to the federal R&D credit. These credits are meant to encourage and incentivize research activities within state borders. These state R&D Credits typically follow the requirements of the federal R&D Credit, but can often have key differences as it relates to qualification criteria, calculation methods, and processes for claiming the credit.

On today’s episode, they discuss:
– What constitutes qualified research activities
– The state R&D Credits available and how they compare and contrast with the federal R&D Credit
– State examinations and best practices
– The agent’s role in credit determination and future exposure


Latest Let's Talk Tax Episodes