News - Advanta Tax Advisors, LLC

VA Strengthens its R&D Tax Credit Program

Virginia Strengthens its Research and Development Tax Credit Program Virginia legislators have made the state’s commitment to business clear by continuing to enhance its research and development (R&D) tax credit program. New legislation (S.B. 58), which recently passed both the house and senate unanimously and was signed by Governor Terry McAuliffe, demonstrates Virginia’s intent to attract and retain high tech businesses. The improvements include extending the sunset date of the……

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