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2014-01-07 12:25:37

NEW YORK, Jan. 7, 2014 /PRNewswire/ -- The federal credit for increasing research activities is one of the most valuable tax benefits for businesses located in the United States. Despite its value to American business, the credit is not a permanent part of the Internal Revenue Code. Instead, Congress has extended the credit in one or two year increments over a dozen times since it was first authorized in 1981. The recent change of the calendar year marked the ninth time that the credit...

Word of the Day
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.