Tech Collective, Rhode Island’s Information Technology and Bioscience Industry Association, is partnering with TMG Consulting Group to provide a how-to R&D tax credit seminar. Open to all businesses and industries, the seminar will be held on October 29, 2009 from 8:00 – 10:30 am at the Providence Marriot Hotel on Orms Street.

The seminar will provide specifics of the R&D tax credit program and help attendees understand how they can use the program to reduce their Federal and State tax liabilities, preserve cash flow and increase the asset value of their company. TMG Consulting Group will outline the types of R&D costs and activities that are eligible, provide an overview of the recent changes to the tax code and explain the potential impact on a business’s bottom line.