The Department of Defense and FlexTech Alliance, a major tech conglomerate, have announced that they will be partnering to create a National Manufacturing Innovation Institute to produce flexible hybrid electronic… read more →
The Domestic Production Activities Deduction (DPAD), a 9% tax deduction for manufacturing activities in the U.S., is designed to be economically equivalent of a 3% reduction in tax rate on… read more →
On Wednesday, August 5th, Texas Tech University opened the Texas Tech University Innovation Hub and Research Park. The facility was created to promote collaborative research and entrepreneurship between the university… read more →
Every year, companies and investors gather at the National Petroleum Expo (NAPE) to trade, buy, sell and see the latest technology in the oil industry. This year, NAPE was held… read more →
On June 14, 2013, House Bill 800 was signed reinstating Texas R&D tax credits through 2026. In order to achieve a benefit from R&D in Texas, the taxpayer makes one… read more →
The advanced tech and manufacturing industry in Texas is thriving. Texas ranks number one in the country for manufacturing exports and shipment value. In 2014, Texas exported over $23.3 billion… read more →
The Domestic Production Activities Deduction (DPAD) – also known as the manufacturing deduction or the Section 199 Deduction – was created as part of the Jobs Creation Act of 2004… read more →
The information and computer tech industry in Texas has been booming since the creation of the semiconductor in 1958 which was followed by the introduction of the handheld calculator by… read more →
Texas has become a hot spot for scientific research in the United States, with over 30 colleges, institutes and centers working on research and development projects. In 2014, the National… read more →
According to a survey of corporate tax executives by BDO USA, the research and development tax credits play a big role when it comes to company investment and expansion decisions. Two-thirds… read more →