Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 07-14-2010, 09:10 AM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,417
Blog Entries: 3
IRS provides tax credits as part of the "Therapeutic Discovery Project Program".

Per the IRS, "this program is designed to provide tax credits and grants to small firms that show significant potential to produce new and cost-saving therapies, support jobs and increase U.S. competitiveness.

IRS guidance describes the process by which firms can apply to have their research projects certified as eligible for the credit or grant. But, Companies must submit their applications for certification beginning June 21, 2010, but all applications must be postmarked no later than July 21, 2010."

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Who is considered an "eligible individual" for Health Savings Account? TaxGuru Medical 0 10-26-2009 12:38 AM
The IRS announces "Increased Estate Tax Applicable Exclusion Amount" for 2009! TaxGuru Trusts and Gift Tax Returns 0 07-15-2009 02:31 PM
IRS updates the new rules for "exclusion for forgiven home mortgage debt"! TaxGuru For 2008 0 10-21-2008 09:03 AM
Will Hawaii accept the Federal "Automatic Extension" of Individual Tax Return? TaxGuru Hawaii 0 10-12-2008 04:34 PM
IRS rules that "Certain Payments to Disabled Veterans Ruled Tax-Free" TaxGuru Income 0 12-29-2007 02:29 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.