The R&D tax credit enables small businesses to reinvest and devote their hard earned money into innovative projects that will create jobs and sustain their businesses.
Author Archive: David Drake
The U.S. Senate on May 6 passed the third version of Senate Bill 743, otherwise known as the Marketplace Fairness Act, which requires consumers to pay sales tax on all Internet purchases. How does this affect the growing crowdfunding industry? Initially, it affects reward-based crowdfunding because the moment anyone takes money in exchange for an item, the transaction becomes subject to sales tax.
