Tax credit offers found money for R&D activities

摘要

Who wouldn't be exultant to recover money they thought was gone? Consider the case of one mid-size packaging company in Colorado. According to tax consultant Lawrence Knutson of Denver's Keefe Steiner & Hoffman PC, this packager was approached by a fishing equipment manufacturer that had been asked by Walmart to develop biodegradable packaging because fishermen were discarding the old, non-biodegradable packages in the wilderness.