Manufacturing is at the heart of innovation, constantly evolving with new technologies and processes. Research and Development (R&D) tax credits offer manufacturers a crucial financial advantage, helping them offset costs associated with process improvements, automation, and new product development. By leveraging government incentives, companies can reinvest in cutting-edge manufacturing solutions, enhance efficiency, and stay ahead of global competition. Understanding eligibility for SR&ED and other funding programs is essential for maximizing these benefits and fostering continuous industry advancements.
April 1, 2025
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