8 02, 2016

Minnesota Updates Form for 2015

By | 2018-01-25T22:43:16+00:00 February 8th, 2016|

The Minnesota form for the Credit for Increasing Research Activities, Schedule RD, has changed effective for the 2015 tax year. The current method of calculating the Minnesota credit has not changed. However, an entirely new section of the form, [...]

17 09, 2014

Delaware Boosts Small Business

By | 2018-01-25T23:02:30+00:00 September 17th, 2014|

Delaware will soon allow businesses with less than $20 million in average revenue over the prior 4 tax years to claim a state research tax credit equal to 100% of the Federal R&E tax credit. Currently all companies are [...]

4 09, 2014

Massachusetts Enacts Alternative R&E Credit Calculation

By | 2018-01-26T00:22:27+00:00 September 4th, 2014|

Massachusetts Gov. Deval Patrick has signed legislation that both simplifies and increases the R&E credit over the next decade. The change provides for a calculation methodology similar to the Federal Alternative Simplified method. This method will be available for [...]