R&D Credit Retroactively Renewed For 2014, But It Stops There
This article was originally published in The Gray Sheet
Executive Summary
The Senate approved a tax-extenders bill that will retroactively renew the research and development tax credit for 2014 on a 76-16 vote, but the credit expires on Dec. 31. The bill was also approved by the House Dec. 3, and now goes to President Obama, who is expected to sign it.