TMG Client Claims Reach $1 Billion in R&D Credits

R&D tax credit programs are government incentives that encourage research and development in businesses of all sizes and sectors in order to foster new, improved or advanced products or processes. R&D tax incentives exist not only at federal levels but at many different tiers of government, creating savings of anywhere from 5-25 percent of expenditure for R&D projects. In the U.S. alone, $7 billion a year is allocated for tax savings through the R&D Tax Credit Program at the Federal level.