by admin | Dec 3, 2014 | Blog
Congress is expecting a vote on HR 5771, on Thursday which would extend the R&D tax credit and energy efficient tax credit under Section 45L for one year – meaning both tax credits would be retroactively enacted for 2014 (but would not cover 2015 under this...
by admin | Oct 10, 2014 | Blog
To claim the Section 45L energy efficient tax credit for residential properties, the developer/owner must review what types of properties qualify as ‘residential or a dwelling unit” and we are often asked this question. Under the 45L criteria, the energy...
by admin | Oct 10, 2014 | Blog
R&D Tax Credit Update 2014 – New Tax Court case on R&D credits rules favorably for taxpayer on almost all aspects of the case involving development of hardware and software. The taxpayer developed telephone equipment and related software and claimed the...
by admin | Jul 3, 2014 | Blog
The state of Texas has enacted a Research and Development Tax Credit. The law allows taxpayers to take a franchise tax credit for R&D expenditures or a sales and use tax exemption for the purchase or lease of depreciable tangible personal property used in...
by admin | Jun 28, 2014 | Blog
One of the important factors and data points in meeting the Section 45L energy tax credit criteria is heating and cooling, so this week we look at some of the terminology and factors that may get you as the developer a $2,000 per unit tax credit under the 45L energy...
by admin | Jun 5, 2014 | Blog
Under new IRS Regulations issued this week (T.D. 9666), taxpayers can now claim the R&D tax credit using the alternative simplified credit method, or ASC on amended tax returns. Previously this election to claim the ASC for R&D credits had to be made on...
