On March 21, 2013, Governor Maggie Hassan (NH D) signed bipartisan legislation to increase the research and development (R&D) tax credit fund to $2 million and extend it permanently. The expansion of the R&D credit is a key provision of the Governor’s innovation plan to help businesses grow and create jobs in the state of New Hampshire. The Governor hopes to “send a message to entrepreneurs and businesses considering where to locate that the State of New Hampshire will continue to work with them to encourage innovation and invest in our economic future.”
Governor Hassan doubles and permanently extends R&D tax credit
Contact our team today with any tax controversy concern you’re facing. We fight every day to protect the interests of the taxpayer, and we look forward to putting you in the best tax situation possible.