Eric Spiegel, president and chief executive officer of Siemens Corporation discusses the importance of making R&D tax credit permanent:
Thirty years ago, the United States introduced the research and experimentation tax credit (sometimes called the research and development — or R&D — tax credit), making the U.S. the first nation to use its tax code to spur innovation. In the decades since, businesses have used the credit to create American jobs, foster new industries, and expand our knowledge in science and technology. Today, in part because of that credit, our greatest global advantage continues to be our capacity for innovation…
You should disclose that Interpid Advisors is part of CCR, the CPA firm in Boston. Some folks might be fine with this, but Intrepid not being a truly independent firm should not be a hidden fact.
Intrepid Advisors is a wholly independent consulting firm that separated from CCR LLP on January 1, 2009. The firm had been part of Carlin Charron & Rosen since 1999, operating as CCR Cost Recovery Services. Steve Powers, the Managing Director of Cost Recovery, acquired all the firm’s stock in early 2009 and subsequently renamed the company Intrepid Advisors LLC.