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Research and Development

R&D Tax Credit -IRS Section 41 – A Lifeline for Metalworking Manufacturers

Rising costs and market uncertainty have pressured the U.S. metalworking industry. Tariffs on imported materials have driven up input prices and dampened manufacturing activity, contributing to a recent contraction in the sector​ (reuters.com). Combined with softer demand and tighter financing, these challenges create an economic downturn for metal fabricators, machine shops, and other metalworking businesses. In such times, innovation becomes […]