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Tag Archives: federal

Tax Credits in President Obama’s FY 2012 Budget

President Obama’s proposed budget for Fiscal Year 2012 has a number of interesting tax credit proposals. Research and Development Credit On page 37 of the President’s Budget Message (216 page PDF), there is a proposal to extend and expand the Research and Experimentation tax credit: Simplify, Expand, and Make Permanent the Research and Experimentation (R&E) […]

NY Senator Gillibrand to Propose Legislation for Permanent Federal Research and Development Tax Credit

From the Albany Times-Union: U.S. Sen. Kirsten Gillibrand will propose expanding, simplifying and making permanent the federal Research and Development Tax Credit, during a news conference Friday afternoon at Watervliet Arsenal Business & Technology Partnership. She will be joined by U.S. Rep. Paul Tonko, Albany County Executive Michael Breslin, and Alain Kaloyeros, CEO of the […]

Rep. Bruce Braley Reintroduces HIRE Act Payroll Exemption Extension

From Washington, DC – Today, Congressman Bruce Braley (IA-01) introduced a bill to cut payroll taxes for businesses that hire unemployed workers. The Back to Work Extension Act extends a provision of the HIRE Act that provides employers a payroll tax break if they hire workers who were previously unemployed. “Creating jobs is my […]

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