Most calendar year companies that have extended their Georgia income tax return already know whether or not they are able to use the Georgia R&D credit to offset 50% of the entity’s taxable income. If the company knows that they cannot use the Georgia R&D...
Many Georgia companies have previously not been able to take advantage of the Georgia R&D tax credit either because they were in net operating losses or maximized the ability to use other Georgia tax credits. The Georgia R&D credit is the last credit that...