Small firms may now begin applying for certification for tax credits or grants available for projects that show significant potential to produce new cost-saving therapies, create U.S. jobs, and increase U.S. competitiveness.
To apply, firms should use Form 8942, Application for Certification of Qualified Investments Eligible for Credits and Grants Under the Qualifying Therapeutic Discovery Project Program. Applications must be postmarked no later than July 21, 2010.
For more information, please click here.
Posted by Joshua Hock, Associate Editor, Wealth Strategies Journal

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