Posts Tagged ‘Mid-Atlantic’
Will Recent Changes to the Virginia Legislation Impact Your R&D Tax Credit Benefits?
At a glance The Full Story On April 11, 2024, Virginia Governor Glenn Youngkin signed a law modifying the state’s R&D tax credits, which allow taxpayers that engage in qualified R&D activities to offset income or bank franchise tax. Specifically, this new legislation decreases the credit cap and provides a new credit calculation and per-taxpayer…
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