Exciting News - Legislation relating to The R&D Tax Credit was signed into law December 20th, 2006 by President Bush, retroactively extending the credit from January 1, 2006 through December 31, 2007. Legislation relating to the extension of the tax credit was included in The Tax Relief and Health Care Act of 2006.

The language contained in the bill requires that R&D Tax Credits for 2006 be computed using the same IRS guidelines as in previous years, HOWEVER, the new legislation provides language for a strengthened tax credit and a simplified credit calculation format, which is referred to as the “Alternative Simplified Credit” for 2007. Requirements relating to supporting documentation remain unaffected for both 2006 and 2007.

Please feel free to contact us if you have any questions or if you would like us to discuss with you how your manufacturing clients might benefit even more substantially from The R&D Tax Credit.

The CCR R&D Tax Credit Group opens its Midwest Technology Center in Batavia, Illinois. Staffed by Engineers with up to PhD level credentials, this center serves not only as a regional technical editing center, but also as a training center to ensure that incoming Engineers are enabled to maintain the high standards upon which our company has grown upon. Our group enjoys the unparalleled success rate of never having had a claim fully disallowed (please see “about us” for details of this extraordinary record).

Stephen W. Delchamps
Batavia, IL

The CCR R&D Tax Credit Group hires Laura Cleminson as New England Sales Manager. Laura brings a rich set of experience to CCR, with technical project management and sales experience at companies from her own startup to most recently a Fortune 100 company. Laura brings us enhanced abilities to keep our clients up to date on the latest opportunities in R&D Tax Credits, as well as enhancing our internal systems due to her lengthy experience as a project manager with up to 80 direct reporting Engineers.

Laura S. Cleminson
Westborough, MA

CCR R&D Tax Credit Group appoints John Karp, P.E. as Director of Operations. Mr. Karp brings 0ver 10 years of product development engineering experience and over 10 years in senior management of technology innovation firms ranging from running startups based on technology spinouts from Harvard Medical School to serving as a director of a multi national company. John brings much expertise in facilitating corporate growth, which is very much required due to our ongoing expansion of business.

John D.K. Karp, P.E.
Westborough, MA