Archive | January, 2014

The R&D Tax Credit Expiration

Reprinted with permission from Plastics Today

Welcome to 2014. I’d say ‘Happy New Year’ but I’m afraid it’s not going to be so happy for many small-to-mid-sized manufacturers.

The Research & Development Tax Credit, popular among many manufacturing industries, including processors and moldmakers, has been allowed to expire. I had a chat with Scott Schmidt, CEO of Black Line Group about his take on this. “The R&D tax credit has been allowed to expire many times in the past, so it’s my feeling that it will get extended,” Schmidt told PlasticsToday…