Breaking News
Comments
Newest First | Oldest First | Threaded View
george.leopold
User Rank
Rookie
re: R&D tax credit: Big benefits, but little used by industry
george.leopold   2/29/2012 10:06:25 PM
NO RATINGS
Speaking of tech standards (see above), a congressional committee held a hearing today on the role of standards in boosting U.S. exports. This from Rep. Donna Edwards of Maryland: "Standards can open up new or expanding markets to a U.S. company. However, standards can also serve as a barrier to trade, keeping U.S. companies out and sending profits elsewhere. When things go awry in the international standards realm – when someone tries to manipulate the standards system or rig it to their own ends – it really matters for U.S. companies and the U.S. economy."

george.leopold
User Rank
Rookie
re: R&D tax credit: Big benefits, but little used by industry
george.leopold   2/29/2012 8:05:05 PM
NO RATINGS
This is a worthwhile debate since it is shedding light on the relative worth of tax breaks for high-tech industries. There are other ways to encourage investment besides subsidies and tax breaks. One is product standards. Creating industry standards eliminates much market uncertainty, including regulatory uncertainty. If manufacturers know product specs, they will be more willing to invest to expand product manufacturing. That alone would create as many, if not more, new jobs as the R&D tax credit.

nicolas.mokhoff
User Rank
Rookie
re: R&D tax credit: Big benefits, but little used by industry
nicolas.mokhoff   2/23/2012 8:21:38 PM
NO RATINGS
My take: if the nomenclature is partly blamed fpr holding back electronics companies using the R&D Credit, why not change it to something like "Innovation Tax Credit". Many people think of themselves as real innovators; hey, if that works, we have at least one-third of the problem solved.

Tax Point Advisors, Inc.
User Rank
Rookie
re: R&D tax credit: Big benefits, but little used by industry
Tax Point Advisors, Inc.   2/23/2012 1:01:15 PM
NO RATINGS
Electrical engineering firms can quality for both Federal as well as many state R&D tax credits. If you're looking for an alternative to a bigger, more expensive R&D study service provider, the firm I founded and own, Tax point Advisors, Inc., offers studies for half the fee of most other R&D firms, and we are the only R&D provider with a 100% success rate to date, never having had a client lose a credit under audit. You can reach us at (800) 260-4138, and our website is www.taxpointadvisors.com. We have offices across the U.S., including in CAo, OH, TX, NY, and MA. Jeffrey Feingold Founder and Managing Partner Tax Point Advisors, Inc.



Flash Poll
Top Comments of the Week
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Max Maxfield

Saddleback Sale – It's Happy Dance Time
Max Maxfield
Post a comment
It's no secret that I'm a huge fan of the products from Saddleback Leather. As I sit here at my desk, I'm wearing one of their 1¾" wide Tow Belts, upon which rests one of their Belt ...

Engineering Investigations

Air Conditioner Falls From Window, Still Works
Engineering Investigations
Post a comment
It's autumn in New England. The leaves are turning to red, orange, and gold, my roses are in their second bloom, and it's time to remove the air conditioner from the window. On September ...

David Blaza

The Other Tesla
David Blaza
5 comments
I find myself going to Kickstarter and Indiegogo on a regular basis these days because they have become real innovation marketplaces. As far as I'm concerned, this is where a lot of cool ...

Larry Desjardin

Engineers Should Study Finance: 5 Reasons Why
Larry Desjardin
47 comments
I'm a big proponent of engineers learning financial basics. Why? Because engineers are making decisions all the time, in multiple ways. Having a good financial understanding guides these ...