by admin | Oct 8, 2016 | Blog
Final R&D tax credit regulations published by the Treasury on October 4, 2016 regarding internal use software introduce a new term, dual function software, as well as a safe harbor provision. Dual function software is “software developed for both internal use and...
by admin | Oct 4, 2016 | Blog
The IRS has issued final regulations largely adopting provisions in the January 2015 proposed regs on internal use software. These final R&D regulations on internal use software are effective prospectively for tax years ending after October 4, 2016. The new final...
by admin | Apr 2, 2016 | Blog
Nebraska Advantage Research and Development Credit The Nebraska Research and Development Credit provides a refundable tax credit for qualified R&D. One of the few states that still offers a refundable R&D credit. The state tax credit is worth 15% of the...
by admin | Mar 27, 2016 | Blog
In 2015, the Wisconsin R&D tax credit percentages were increased, and taxpayers are eligible for a credit of 5.75% of the amount of qualified research expenses (QREs) for the year that exceed 50% of the average QREs for the prior three years. If the taxpayer has...
by admin | Mar 13, 2016 | Blog
Under the December 2015 Path Act, Congress will provide additional R&D tax credit incentives for small business, as defined as a company with less than $5 million in receipts and no history of receipts longer than 5 years – stated another way – a...
by admin | Feb 13, 2016 | Blog
Minnesota – R&D tax credit 2015 – Minnesota R&D tax credit form has been updated for tax year 2015. Form RD is attached to corporate and partnership returns to claim the R&D tax credit in Minnesota. On page 2 of the form, the state now requests...
