Posts Tagged ‘HRSA UPDATES’

Health care providers are eligible for $25.5 billion more in government distributions. This latest installment will give $17 billion to health care providers as a fourth installment under the Provider Relief Fund and $8.5 billion more in payments under the American Rescue Plan (ARP)

Section 41 of the tax code provides a tax credit for certain qualified research expenses (“QRE”). A QRE includes any in-house research expenses (i.e. wages, supply costs) and contract research expenses (i.e. third-party expenses) paid or incurred by the taxpayer during the taxable year in carrying on any trade or business of the taxpayer.