Blog
R&D Tax Credit
The federal (and some state) government wants to incentivize innovation. Expenses related to research and development are tax deductible for businesses of all sizes. There is a four part test to establish eligible expenses. Consult a tax professional for help identifying all qualified expenses. Engineering & product development consulting fees should qualify for a dollar for dollar reduction in your taxable income.
*I am not a tax professional. Contact a tax professional for advisement on the R&D tax credit or any financial decisions.
Good Watch: Injection Molds
If you’re like me you’ve been sucked into more than one How It’s Made videos. Here is one illustrating the construction of an injection mold aka “tool”
Good Watch: Plastic Injection Molding
Bill Hammack at EngineerGuy.com and the University of Illinois has some great videos on his youtube page
Recyclable plastics
Some clients are conscious of their products’ impact on the environment. They might add a requirement to specify a material that is recyclable by municipal systems. This is a reference about which common plastics are recyclable.
