In 2016, the oil industry was reported to be in its deepest downturn since the 1990s. The cause was cited to be the plunging price of a barrel of… read more →
Houston employers, which are more focused on oil and gas than some others in the state, have shed 5,500 jobs so far in 2016. So far, those layoffs have been… read more →
Juxtaposed against the rest of the world, the United States appears to be mounting as an economic and techno-industrial power. In particular, close cooperation between the US Congress, industrial manufacturers,… read more →
Juxtaposed against the rest of the world, the United States appears to be mounting as an economic and techno-industrial power. In particular, close cooperation between the US Congress, industrial manufacturers,… read more →
A common misbelief surrounding the R&D tax credit in Texas is that only large corporations qualify and that it’s too complex to apply for. Indeed, when it comes to claiming the R&D tax… read more →
On June 14, 2013, House Bill 800 was signed reinstating Texas R&D tax credits through 2026. Much of the work done on a federal R&D tax credit return applies to… read more →
The R&D tax credit, worth approximately $7 billion annually in recent years, saw 17,700 corporations claim $6.6 billion in R&D Tax Credits on their tax returns in 2005 alone. Bearing in mind the… read more →
Currently, the research and development (R&D) tax credit and other related tax breaks save U.S. businesses more than $12 billion a year. However, as it stands, only one out of every… read more →
As winter begins to take the backseat, the season of spring indeed brings many welcome changes. From the warmer weather to the abundance of flowers, the season signifies a period… read more →
Due to assistance from research and development (R&D), Texas crude oil production has tripled since 2010. This occurred due to the development of hydraulic fracturing (‘fracking’) combined with horizontal drilling… read more →