Congress, President Considering Changes to R&D Tax Credit


The Research and Development (R&D) tax credit is a general business tax credit under Internal Revenue Code Section 41, available to companies that incur research and development costs in the United States.  It was originally passed in 1981 to encourage private companies to conduct research....

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Tax Benefits of Qualifying as a Real Estate Professional


It is not easy to qualify as a real estate professional.  However, if you do qualify as a real estate professional you are entitled to an income tax treatment that may benefit you. Tax Benefits to Real Estate Professionals with Rental Losses Typically, all rental activities are treated as...

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