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Debunking Some Common R&D Tax Credit Myths

December 5, 2016Daily Tax Report

Yair Holtzman, Partner; Gleb Gorkhover, Manager; and Michael Ganz, Supervisor

Debunking Some Common R&D Tax Credit Myths

Yair Holtzman, Gleb Gorkhover and Michael Ganz of Anchin Block & Anchin examine common myths that deter companies from claiming benefits of the research and development tax credit. ‘‘A large segment of small- and medium-sized business owners and management teams haven’t taken advantage of this opportunity,’’ the authors write. ‘‘These businesses may be unaware that their company is in fact eligible for the benefit or may have accepted as gospel the prevailing R&D tax credit myths.’’

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