Press Release: EGC Leads National Initiative to Stop New Tax on Research
EGC is leading a collaborative national effort to raise awareness of a new tax law that requires capitalization of Research & Experimentation (R&E) expenses and detrimentally impacts companies conducting critical scientific work. Our letter to Congress has been signed by 501 companies and individuals from 48 states and DC, and is available here. We encourage scientific companies impacted by this law to reach out to your local representatives, and for SBIR/STTR companies to also reach out to the SBA at email@example.com, to help spread awareness of the impact on your company. Full press release is available here.