A New Approach to R&D Tax Credits for the Consumer Products Industry

R&D Tax Credits for the Consumer Products Industry

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The consumer products industry is investing in research and development (R&D) to develop new and improved products and technologies to keep pace with the competition and better serve their customers. Recent trends in consumer products that are competitively priced, and more durable, environmentally friendly, and new product categories have helped spur R&D innovation. Additionally, investments in automation and software technology to improve quality and increase effifciency are expenses that can result in an R&D incentive. 

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