The financial services industry and the research and development tax credit
November 9, 2015 at 2:08 pm
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Although the research and development (R&D) tax credit provides substantial benefits, the financial services industry continues to be hesitant to take advantage of it for several reasons. This whitepaper by Yair Holtzman (pictured), tax partner at Anchin, Block & Anchin, discusses the definition, history, and recent developments of the R&D credit. Also, it describes examples of product and process improvements within the financial services industry that satisfy IRS guidelines for R&D credits.
