Florida’s first-come, first-served R&D credit applications accepted starting March 20, 2014

March 2014

Overview

The Florida research credit was first introduced last year, and the second year of reporting is due March 20, 2014. Florida taxpayers engaged in target industry businesses may qualify for a research and development expense credit measured by qualified research expenses incurred in 2013. These credits are awarded on a first-come, first-served basis. Note that last year the available funds were gone for applicants on March 21, 2013.

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