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We looked into it before and feel we don’t qualify for the R&D tax credit.

A costly assumption to make, especially when legislative changes occur every year that change the definitions for qualifying research and development-type of activities. The program in the past used to tailor to companies that were in commonly accepted research and development industries i.e. high technology, pharmaceutical, biotech etc. Since then, many changes have occurred that have broadened the definition of R&D, allowing many more activities to qualify under “Experimental Development”.

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