What You Need to Know About Texas R&D Tax Credits

While many states offer R&D tax credits for businesses, Texas takes a different approach to this incentive program. Entrepreneurs of the Lone Star state can receive their tax credits in the form of a sales tax exemption or a franchise tax credit. This opportunity can help you recoup funds spent on your QRE. In order to maximize your credit, it’s best practice to work with an R&D tax credit expert.

That way, you can rest easy knowing that your application has been properly reviewed and that you’re taking full advantage of both the federal and state programs. Contact Bowers R&D today and discover how much you could save on your taxes.