Browsing: R&D tax credit

An extension of the federal research and development tax credits and passage of a comprehensive cybersecurity bill top the list of priorities that trade group TechAmerica is calling on Congress to take up during the lame-duck session. TechAmerica president Phil Bond said he is hopeful the tax credit will see some action given that the White House has been supportive of a strengthened and permanent measure. Bond said the credit “needs to go, and it needs to stand on its own.” “It’s overdue and, again, it’s jobs for today and competitive edge for tomorrow.” Officially known as the research and…