Column: How businesses can benefit from Maryland's...

http://baltimorecheckbook.tumblr.com/post/150307115532/column-how-businesses-can-benefit-from-marylands#_=_

Maryland businesses that have qualified research and development expenses may qualify for two state income tax credits, the basic R&D tax credit and the growth R&D tax credit. With the Sept. 15 deadline fast approaching, it’s time to consider whether your company’s research and development activities qualify. In addition, as of Jan. 1, the federal R&D tax credit is now permanent, providing a certainty that there is a subsidy to support research and development efforts, and thereby incentivizing…