Tax-credit bill would aid LI start-ups

Sen. Schumer is a co-sponsor of a new

advertisement | advertise on newsday

Sen. Schumer is a co-sponsor of a new bipartisan tax bill called the Start-up Innovation Credit Act of 2012 which would allow fledgling companies to better access research and development tax credits. (Jan. 16, 2012) (Credit: Getty Images)

Start-ups across the country and here on Long Island could benefit from a new bipartisan tax bill co-sponsored by Sen. Charles Schumer (D-N.Y.). The legislation — called the Start-up Innovation Credit Act of 2012 — would allow fledgling companies to better access research and development tax credits. "As the R&D Tax Credit program exists now, start-up companies are starting behind the...

Optimum Online customers get unlimited digital access

Log in

There's more to the story! Subscribe now.

Get unlimited digital access $14.99 A MONTH

Join Now

To continue reading, Newsday subscribers log in

To continue reading, Newsday subscribers log in or register

Get the Biz Briefing newsletter!

The latest LI business news in your inbox daily.

Comments

Newsday.com now uses Facebook for our comment boards. Please read our guidelines and connect your Facebook account to comment.