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R&D Small Business Tax Credit Offsets 50% of tax liability for that year. To qualify, the business (taxpayers) cannot have employed more than 50 employees, and must not have qualified research expenses of more than $5 Million.
The Job Training Incentive Program (JTIP) funds classroom and on-the-job training for newly-created jobs in expanding or relocating businesses for up to 6 months. The program reimburses 50-90% of employee wages.
R is widely used in data science by statisticians and data miners for data analysis and the development of statistical software. R is one of the most comprehensive statistical programming languages available, capable of handling everything from data manipulation and visualization to statistical analysis.
HIGH WAGE JOBS TAX CREDIT (HWJTC) Companies located in communities with a population less than 60,000 are eligible for the same tax credit for each net new job paying a net taxable wage of at least $40,000. The credit is capped at $12,750 per job per year. The credit is set to sunset on June 30, 2026.
The geothermal ground-coupled heat pump income tax credit may be claimed by a taxpayer who files a New Mexico personal, corporate or fiduciary income tax return for a tax year beginning on or after January 1, 2010, and has purchased and installed a geothermal ground-coupled heat pump after January 1, 2010, but before ...