Tag: life sciences

Massachusetts Life Sciences Center Announces 2019 Tax Incentive Program

The Massachusetts Life Sciences Center (MLSC) has announced a Life Sciences Tax Incentive Program for…

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Tax Reform FAQ for Life Sciences

The Tax Cut and Jobs Act (TCJA) was the largest overhaul to the United States’…

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How Tax Reform Will Impact Life Sciences
How Tax Reform Will Impact Life Sciences

The final tax reform bill cuts the orphan drug credit in half—to 25 percent from…

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Tax Reform Impacts the Research Tax Credit, Domestic Production Activities Deduction and Orphan Drug Credit
Tax Reform Impacts the Research Tax Credit, Domestic Production Activities Deduction and Orphan Drug Credit

On December 22, 2017, President Trump signed into law, “An Act to provide for reconciliation…

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What Drug Manufacturers Should Watch in the Wake of Natural Disasters
What Drug Manufacturers Should Watch in the Wake of Natural Disasters

When it comes to natural disasters, it’s not about if your supply chain will be…

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IRS Issues Guidance for Section 41 Research Credit Expenses for Large Business & International Taxpayers
IRS Issues Guidance for Section 41 Research Credit Expenses for Large Business & International Taxpayers

The IRS released a Directive dated September 11, 2017 (LB&I-04-0917-005) that provides guidance to Large…

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Further Guidance for Research Tax Credit Payroll Offset Timing and Procedures
Further Guidance for Research Tax Credit Payroll Offset Timing and Procedures

Under the Protecting Americans from Tax Hikes (“PATH”) Act of 2015, eligible small businesses may…

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R&D Tax Credit FAQs - Small Businesses
R&D Tax Credit FAQs – Small Businesses

We have received several questions related to the federal R&D tax credit and how it…

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New Guidance for R&D Tax Credit Payroll Offset Creates Opportunity for Small Businesses
New Guidance for R&D Tax Credit Payroll Offset Creates Opportunity for Small Businesses

Under the PATH Act of 2015, eligible small businesses may elect to utilize up to…

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Filed an Extension? R&D Tax Credit Benefits Still Available to Eligible Small Businesses
Filed an Extension? R&D Tax Credit Benefits Still Available to Eligible Small Businesses

Did your small business recently file an extension for its 2016 income tax return? If…

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