Section 179 Deduction
R&D Tax Credits
The PATH Act
In December of 2015, the PATH Act was passed by Congress, making certain R&D expenses eligible for tax credits, and pathing the way for an expanded pool of eligible manufacturers.
These deductions are largely under-utilized, and we strongly suggest that you speak with your company's CPA to make sure that you're getting the most out of your R&D expenditures.