<p>Tax Foundation Recommends Research Credit Improvements</p>

Tax Foundation Recommends Research Credit Improvements

Tax Foundation

Lawmakers could improve the research credit by making it accessible to smaller firms and ensuring full cost recovery for R&D expenses, but requiring firms to amortize R&D costs beginning in 2022 would harm international research competitiveness, the Tax Foundation said in an April 13 report.

<p>Lawmakers could improve the research credit by making it accessible to smaller firms and ensuring full cost recovery for R&amp;D expenses, but requiring firms to amortize R&amp;D costs beginning in 2022 would harm international research competitiveness, the Tax Foundation said in an April 13 report.</p>