EFP Rotenberg supports $7.6 Million of IRC Section 48D applications!
On March 23, 2010, President Obama signed the Patient Protection and Affordable Care Act. The act created Internal Revenue Code Section 48D, which provides for a tax credit or grant for qualified investments. This allows qualifying companies to claim a tax credit or receive a grant for a "Qualifying Therapeutic Discovery Project" (QTDP) during tax years 2009 and 2010. $1 Billion has been allocated under the program and the credit is equal to 50% of allowable expenses of the Qualifying Therapeutic Discovery Project. Compaies can also apply for a cash grant for the same amount instead of a credit.
EFP Rotenberg’s Emerging Technology Team provided application support to many companies across the Country. We served as both a knowledge resource and application reviewer for many companies. At a minimum, EFP Rotenberg aided in the application filings of over $7.6 Million.


