The Morning Ledger: R&D Tax Credit Hangs in the Balance

Westward Group for Tax and Estate Planning Advisors Tokyo Tips – The U.S. House of Representatives voted last week to make permanent a corporate tax credit for research and development that expired at the end of last year, but its outlook remains far from certain, CFOJ’s Maxwell Murphy and Emily Chasan report. President Obama has threatened a veto and the Senate is taking up a competing measure that would extend the credit by only two years.