Doeren Mayhew Presents Informational Sessions on the New Therapeutics Discovery Tax Credit

Doeren Mayhew, through MichBio, presents informational sessions on the new Therapeutics Discovery Tax Credit.

Online PR News – 20-May-2010 – – TROY, MICHIGAN – Doeren Mayhew, a Troy-based certified public accounting and management consulting firm, announced today that, through MichBio, they are presenting informational sessions on the new Therapeutics Discovery Tax Credit.

The 2010 Patient Protection and Affordable Care Act (commonly referred to as the Health Reform Act) created a program of tax credits and tax-free grants to qualifying biotech firms – the Therapeutics Discovery Tax Credit. The program provides a maximum of $1 billion in tax credits and grants for expenditures necessary for and related to “qualifying therapeutic discovery projects.” If approved, a company will receive a tax credit or grant in the amount of 50% of qualified investments.

Doeren Mayhew will explain the new tax credit and assist businesses in determining how the credit relates to their specific situation.

Session Information and Schedule
Monday, May 17
9-11 am
MichBio Offices
3520 Green Court
Ann Arbor, MI 48105

Tuesday, May 18
9-11 am
Housey Pharmaceuticals
16800 West 12 Mile Road, Suite 201
Southfield, MI 48076

Friday, May 21
1-3 pm
Southwest Michigan Innovation Center
4717 Campus Drive
Kalamazoo, MI 49008
MichBio Members: FREE
Non-Members: $25 (credit card only)
RSVP to Heather at (734) 527-9150

About Doeren Mayhew
Founded in 1932, Doeren Mayhew recently celebrated its 78th anniversary and has grown to become nationally and internationally recognized as trusted business advisors to thousands of individuals and businesses throughout North America and around the world. Doeren Mayhew represents manufacturers, contractors and builders, retailers, wholesalers, distributors, auto dealers, financial institutions, municipalities, school districts, life sciences, and non-profit organizations, with a full range of accounting, audit, tax, merger and acquisition, and consulting services (including specialized expertise in R&D tax credits).

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