Describe this post addresses research & experimental exp. deductions.
Problem- On May 2011, Company paid 2,500,000 for research and experimental expenditures directly related to its business. What is the maximum deduction in 2011 relating to these expenditures?
I need help to explore to determine the correct maximum deduction that the company can take if they paid 2,500,000 for research and experimental expenditures directly related to its business.