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Help IPC Persuade U.S. Congress to Extend the R&D Tax Credit
December 4, 2015 | John Hasselmann, IPCEstimated reading time: 1 minute
![](https://iconnect007.com/application/files/7616/3116/0948/IPC_Logo-200.jpg)
IPC has long urged the U.S. Congress to enact a permanent research and development tax credit – or at least a multi-year extension, not just the usual temporary, one-year deal – and to provide that certainty sooner, not at the last minute. Only a permanent credit will spur the kind of long-term R&D that is critical to the competitiveness of the U.S. electronics industry in the global economy. The R&D tax credit was one of the key issues raised last April during IMPACT 2015, our annual event in which IPC member executives meet with top policy makers in Washington, D.C.
Unfortunately, as of this writing, congressional leaders still have not been able to reach agreement on how to extend the R&D tax credit — which expired on December 31, 2014, and more than 50 other tax provisions that have expired or will expire by December 31. The proverbial “last minute” has arrived.
Within the coming days, congressional leaders are slated to discuss the best path forward, whether it be making some of the provisions permanent or simply extending all of them in a one- or two-year package. A one-year retroactive extension, which would include only 2015, simply continues the uncertainty that businesses face.
At this point, Finance Chairman Orrin Hatch (R-UT) has stated that a one-year extension is off the table but could resurface if a larger agreement is not reached.
Please take a moment now to contact your elected officials and urge them to extend the R&D tax credit without delay. Please feel free to use our suggested text or to craft your own message.
You can also join the conversation on Twitter; be sure to use the hashtag #JobsandGrowth and your elected representatives’ Twitter handles. Example: “Hey, Congress: Extend the R&D tax credit now! #JobsandGrowth @MEMBEROFCONGRESS HANDLE”
Please contact Ken Schramko, IPC director, government relations, if you need help with contact information for your elected official or if you have any questions.
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The Knowledge Base: The Value of Industry Certifications
07/24/2024 | Mike Konrad -- Column: The Knowledge BaseIndustry certifications have become increasingly significant in the modern job market, offering a range of benefits to both individuals and employers. These certifications serve as formal recognitions of expertise and proficiency in specific areas, validating a person's skills and knowledge. In the context of the electronics assembly industry, certifications are particularly valuable, given the technical nature of the work and the rapid advancements in technology.
Tom Edman Leads IPC Board of Directors
07/17/2024 | Marcy LaRont, PCB007 MagazineIPC elected several new board members at IPC APEX EXPO in April, including new Board Chair Tom Edman, CEO of TTM, who assumes the role from Bob Neves, CTO and chair of Microtek Laboratories. Tom and TTM have long been active in many facets of IPC. I caught up with Tom and asked him about his new board appointment, IPC, and the industry he serves. He emphasizes IPC’s work in standards and advocacy as especially important for our industry.
Getting Clear About Certification With Charlie Capers
07/17/2024 | I-Connect007 Editorial TeamWalk through the entrance at Zentech Dallas and you’ll see a wall of certification plaques prominently displayed. Beyond being impressive and a point of pride, these certifications tell a story to potential customers: This company is ready to do business. Charlie Capers, former vice president and general manager, shares his insights on quantifying the ROI of certifications. You may not see it on paper, but it’s definitely there. He also talks about his expectations for new hires and shares a case study about the importance of collaborating with your PCB designers.
Winners of 2024 IPC Masters Competition China Announced
07/17/2024 | IPCFrom July 8-10, the 2024 IPC Masters Competition China was successfully held in Pudong, Shanghai. This year’s competition, was the largest in the history of the Greater China region, bringing nearly 400 electronics industry elites from 18 provinces and municipalities.