Episode 4: Will the American Growth Act Grow the R&D Tax Credit?

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When it comes to the R&D tax credit, you’ll hear a lot about changing regulations, but the American GROWTH Act, proposed by Congressman Kevin Brady (R-TX) and U.S. House Minority Leader Kevin McCarthy (R-CA), not only makes the credit more generous (twice as generous, to be exact), it also helps start-up companies benefit from the R&D tax credit—and offers a few special incentives for medical-supply and pharmaceutical companies. How exactly could the bill improve the R&D tax credit and make it available to more companies? In this episode of Fiona’s R&D Tax Credit Podcast, XBS Director of R&D Tax Credits Rahim Walji and Erica York, the economist for Federal Tax Policy at Tax Foundation, unpack the bill and discuss how it can help the American economy flourish.
23 Dec 2020 English United States Business · Government

Other recent episodes

Episode 40: The Amortization of R&D Expenses

Beginning in 2022, businesses will have to amortize R&D expenses instead of being able to deduct them in the year in which they occurred. Today, we speak with Sharon Heck, the corporate vice president, finance and chief tax officer at Intel, to see how this new law will impact corporate…
16 Feb 2022 37 min

Episode 39: The New Guidance for Refundable R&D Tax Credit Claims

The IRS’s new guidance offers taxpayers additional compliance burdens—and it goes into effect on January 10, 2022. (That’s right—next week!) What does it mean for taxpayers? CrossBorder Solutions R&D tax credit expert Lydia Clowney spells it out right here.
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Episode 38: China's R&D Tax Incentives

What do China’s R&D incentives look like? And how is the country positioning itself to take the global innovation lead and leave the U.S. in the dust? Both good questions. And today, CrossBorder Solutions’ R&D experts Allen Tobin and Rahim Walji are here to answer them.
15 Dec 2021 37 min

Episode 36: The United States of Innovation

CrossBorder Solutions' Manager of R&D Tax Credit Lydia Clowney takes a closer look at R&D innovation zones in New Jersey and Nevada and explains the impact of these policies on R&D activities in the states they're designed to serve.
3 Nov 2021 20 min