Michigan has launched a new research and development (R&D) tax credit, effective for tax years beginning on or after Jan. 1, 2025. This new credit could bring significant savings for qualifying businesses. Whether you’re a large corporation or a growing small business, understanding how to navigate this new state-specific incentive is essential.
Join our R&D tax credit specialists for a timely and practical webinar designed to help businesses and tax professionals understand the ins and outs of Michigan’s R&D tax credit. We’ll break down the legislation, walk through the application process, and share strategies to help you maximize your benefit.
Learning objectives:
- Understand eligibility criteria, how the credit works, and what applicants should know about the tentative claim process.
- Explore how to integrate the credit into your broader tax planning strategy.
- Examine best practices for proper documentation and preparing for potential audits.
