The Inflation Reduction Act of 2022, in §13902 ², did something quietly significant for pre-revenue startups: it doubled the maximum payroll tax offset of the §41 research credit ¹ for qualified small businesses, from $250,000 to $500,000 per year, for tax years beginning after December 31, 2022. For our Charlotte-area startup clients, particularly biotech, software, and clean-energy companies, this provision changed the cash-flow math of early-stage R&D.

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· Verified emails only· Disposable addresses blocked· Unsubscribe in one clickThe KGOB Journal · Est. 2018