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What is the KIZ Tax Credit Program?
Businesses located in specific areas of PA could qualify for both a KIZ and federal R&D tax credit. Since 2004, the Keystone Innovation Zone (KIZ) tax credit program has been helping young, innovative PA companies reduce their tax burden. Now, bear in mind that the KIZ tax credit program does restrict who can apply for…
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You Need to Know About the Federal R&D Tax Credit Program
The federal research and development (R&D) tax credit program rewards businesses for increasing investments in innovation. Companies, no matter their industry, are forced to innovate to stay competitive in today’s world. Of course, taking part in forward-thinking enterprises is also costly. Not only do companies need to spend money on equipment and wages to properly…
