By Tim Freese
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25 Mar, 2024
The American Innovation and Jobs Act, reintroduced by Senators Maggie Hassan and Todd Young on March 17, 2023, is set to transform the landscape of R&D tax credits, a movement closely monitored by Freese, Peralez & Associates. This bipartisan initiative seeks to amend the current stipulations under Section 174 of the tax code, emanating from the 2017 tax reforms, to extend the R&D Credit more inclusively to startups and small businesses, fostering an environment ripe for innovation and economic advancement.