Tax Credit for R&D – The cost of Patents included
Tax Credit for R&D – Patents included
Uncle Sam gives a rather generous “R&D Tax Credit” to small & medium businesses engaged in R&D activities. The definition of “R&D” seems to be pretty broad. Check with your CPA to see if you qualify for a tax credit for part of your R&D budget, including patent attorney fees and USPTO filing fees. Might be a good thing to look into.
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