Louisiana Biotech – TransGenRx – Awarded One of the Largest Tax Credits in History of Louisiana R&D Tax Credit Program

TransGenRx Inc. (tgrxinc.com), a biopharmaceutical manufacturing company based in Baton Rouge, LA, recently received one of the largest R&D Tax Credits in the history of the LA R&D Program. TRCG Advisors, LLC, a Tax Credits and Incentives Firm based in Baton Rouge, assisted the Company in identifying, capturing, and filing for the incentive. Prior to Read the full article…


Louisiana – R&D Tax Credit Program Changes

On January 3rd, 2012, Louisiana Economic Development proceeded with its plan to implement rule changes to the administration of the state’s R&D Tax Credit Program. A public hearing was held during which TRCG Advisors was the only Tax Provider to attend and provide comments to the proposed rules.  Considering some of the administrative difficulties the Read the full article…


Louisiana Economic Development Update

As quoted on the Louisiana Economic Development site: More companies continue to choose Louisiana over other domestic and international sites for business expansion and relocation. Companies such as Silicon Valley-based Globalstar Inc. and Fortune 500 company Albemarle Corp. moved their corporate headquarters and major divisions to Louisiana, due to the state’s pro-business climate, competitive incentives Read the full article…


Application Changes to LA R&D Credit

The LA R&D Credit application is seeing some changes. The credit still provides a benefit of up to 40% of qualified expenditures; however some applicants must now fill out an additional information request in addition to their applications. Specifically, for credit claims exceeding $100,000, the LED now requires the completion of a supplemental “Information and Read the full article…