R&E tax credit extended

The American Taxpayer Relief Act of 2012, which was enacted on Tuesday to prevent the expiration of income tax cuts and to defer for two months the implementation of budget sequestration, included an extension of the research & experimentation tax credit. The R&E tax credit, which expired Dec. 31, 2011, will be available retroactively for 2012 and is authorized through the end of 2013. ...