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Thomas Cutler

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Industrial Journalist Suggests Research and Development Tax Credits Offset Costs of Innovation
Industrial Journalist TR Cutler Suggests Research and Development Tax Credits Offset Costs of Innovation

BriefingWire.com, 12/04/2018 - According to Industrial journalist Thomas R. Cutler, equipment manufacturing is one of the largest and most competitive sectors of the U.S. manufacturing economy and is often fragmented. Without innovation, streamlined processes, and continuous product improvement, it is very easy for equipment manufacturers to fall behind and lose market share. Innovation can be expensive; one way to offset that cost is by claiming R&D tax credits.

Cutler reported that while the R&D tax credit has been permanent since 2015, many equipment manufacturers are not yet claiming it, and those that are may not be claiming everything to which they are entitled. Considering the broad range of eligibility criteria, and the fact that the tax credit can be claimed for the current year as well as retroactively up to three years back, this can add up to significant funding that can have a direct impact on the bottom line.

About TR Cutler, Inc.

Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., (www.trcutlerinc.com), the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 20-year anniversary of the founding of the Manufacturing Media Consortium, which now has more than 6,000 global members including journalists, editors, publishers, and economists, worldwide writing about trends, industrial data, manufacturing case studies, material handling profiles, and robotics feature articles. He maintains extraordinary relationships with clients, journalists, editors, economists, trendsetters, and key business leaders worldwide and has become a key resource for those writing about the manufacturing sector. Cutler is passionate about expanding the coverage and importance of the manufacturing media coverage.

The hot topics impacting the industrial and distribution sector for 2019 include robotics, Industry 4.0, Big Data, IIoT (Industrial Internet of Things), Mobile technology solutions, inventory control, procurement solutions, warehouse solutions at the distribution, warehouse, and 3PL levels. Manufacturing material flow, Fork Truck Free migration, global real-time actionable data, along with lean manufacturing, Six Sigma, Theory of Constraints continue to capture attention. Cutler is particularly focused on the growing role of Women in Manufacturing (at the C-Suite and on the plant floor). Cutler expects the interaction of manufacturing, logistics, last mile delivery issues to permeate the media conversation over the next year.

Cutler has authored more than 6,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals each published in leading monthly trade magazines, B2B periodicals, blogs, and marquis publications globally. Cutler is the most published freelance industrial journalist worldwide, and nearly 4000 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.

 
 
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