• Is Washington's R&D tax credit worth saving?
    - Puget Sound Business Journal, Apr. 13, 2012
    Focus: If you’re a tech company that waited until the last second to file your taxes, you may want to look into Washington’s research and development tax credit. There are a wide variety of local tech companies that take advantage of this state’s high-tech R&D tax credit. It's a way for companies to offset the state’s business and occupation tax by writing off expenses related to doing R&D in this state.


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  • Dow Chemical Appeals R&D Credit Ruling
    - CFO.com, Apr. 12, 2012
    Focus:Dow Chemical Co. is appealing a tax-court ruling that said the Internal Revenue Service correctly disallowed several research and experimentation (R&E) credits the company claimed for process improvements at its Union Carbide subsidiary. If Dow wins the appeal, the IRS says, the limits on what qualifies as R&E costs would be “eviscerated” and other companies might use the research credit to subsidize operations instead of to support legitimate research spending.


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  • R&D, biotech tax bills still up in the air in Maryland legislature
    - Gazette.Net, Apr. 2, 2012
    Focus: Legislation that would subject tax credits for research and development, biotechnology investment and other activities to automatic termination every five years — unless re-enacted by lawmakers — was amended by both the House and Senate to exclude the automatic termination clause.


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  • Maryland Senate OKs tripling research and development tax credit
    - Gazette.Net, Mar. 30, 2012
    Focus: Legislation that would triple funding for the state’s research and development income tax credit — from $6 million to $18 million — unanimously passed the Senate and is slated to be heard by the House Ways and Means Committee.


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  • Analysis: Dow court case pushes limit of R&D tax credit
    - Reuters, Mar. 27, 2012
    Focus: Dow Chemical Co is challenging the U.S. Internal Revenue Service in a rare court case over expanding the research and development tax credit to cover the costs of supplies used to improve the ways existing products are made.


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  • Maryland considers raising tax credit for R&D investments
    - Baltimore Business Journal, Mar. 2, 2012
    Focus: Maryland companies would see a tripling of the state tax credit for research and development under a bill introduced in the General Assembly. And small startup companies would also be able to use the credit even if they don’t turn a profit.


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  • R&D Tax Credits Are Worth the Work
    - CNBC.com, Mar. 1, 2012
    Focus: R&D tax credits aren’t only for big corporations employing lab coat-clad scientists tinkering with test tubes. Yet scads of small- and medium-sized businesses — from architectural firms to wineries — fail to take advantage of tax credits for research and development.


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  • Alaska House passes R&D tax credit bill
    - CBSNews.com
    Focus: The Alaska House late Wednesday passed a bill providing tax credits for research and development… HB118 was introduced at Gov. Sean Parnell's request. It would provide credits of up to $10 million a year per applicant for qualified research and development projects. The idea was to stimulate new private investment to help diversify Alaska's economy, which is heavily reliant on oil.


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  • Obama and Tax Breaks for Manufacturing -- Good Ideas But Manufacturers Not Taking Advantage of Current Tax Breaks
    - Forbes, Feb. 10, 2012
    Focus: President Obama in his State of the Union speech laid out a number of tax proposals that would encourage manufacturing in this country. The President proposed expanding the current Domestic Production Deduction and doubling it for advanced manufacturing technologies (from 9% to 18%). In addition, particularly relevant is the President’s call for making the Research and Development (R&D) tax credit permanent and continuing 100% expensing for another year.


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  • Obama calls for renewed focus on manufacturing 
    – Chemistry World, Jan. 27, 2012
    Focus:  The US chemical industry applauded President Obama's emphasis on manufacturing and energy during the annual State of the Union speech. But the sector is also stressing the need for balanced, rational regulations that don't stifle innovation.

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  • Time to play hard ball on tech manufacturing 
    – EE Times, Jan. 24, 2012
    Focus: The titans of Silicon Valley have made it perfectly clear that all those manufacturing jobs shipped to Asia aren't coming back. That's precisely what Apple's Steven Jobs told President Obama during a dinner in California last year before his death, according to a sobering account published by the New York Times, "How the U.S. Lost Out on iPhone Jobs."

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  • R&D expansion bill clears Pa. House committee 
    – Central Penn Business Journal, Jan. 19, 2012
    Focus: The state House Finance Committee passed legislation designed to remove a sunset provision and increase the cap by $20 million on the commonwealth's research and development tax credit program.

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  • 10 Government Ideas To Spur Innovation 
    – InformationWeek, Jan. 19, 2012
    Focus: A new Commerce Department report makes the case for aggressive federal government investment in the "innovative capacity of the United States" to stimulate economic growth and, ultimately, create high-paying, sustainable jobs. It's an exhaustive, well researched report, and one whose recommendations deserve further scrutiny.

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