New R&D regulations help clear up the confusion that has long reigned over what is truly considered internal use software development
Potential issue developing within the IRS relating to companies with transfer pricing agreements with foreign parents.
After almost 35 years of temporary status, the R&D tax credit will no longer face the uncertainty of renewal with it being made permanent
R&D credit will finally be a permanent tax incentive
Movements for the extension of the R&D Tax Credit as well as some other beneficial tax provisions
House and Senate negotiators are working on a tax extenders package that would make the research credit permanent
RTC Technical Update – Common Sense Prevails: Alternative Simplified Credit allowed on amended tax returns
On June 2, 2014, the Department of Treasury & IRS released for publication in the Federal Register temporary regulations (T.D. 9666) and, by cross-reference, proposed regulations (REG-133495-13) that effectively allowed for the Alternative Simplified Credit (ASC) election to be applied to amended returns.
Texas Research and Development Tax Credit Passes It’s back! Once again companies that are located in, or that are doing business in Texas, can take advantage of one of the most powerful business incentives available today, the Research and Development Tax Credit. The credit was last available in Texas in 2006 with the current bill… Read more »
The so called fiscal cliff for the RTC has been averted, at least for the near future. Title III Business Tax Extenders was adopted by the U.S. Congress on January 1, 2013 and has been extended to December 31, 2013 (retroactive for December 31, 2012). This is great news for business. The credit is available for any business performing research and… Read more »