Preparing for New Form 6765 R&D Tax Credit

Preparing for New Form 6765 R&D Tax Credit

Although the new Form 6765 R&D tax credit/research credit form is technically not mandatory until tax year 2025, many of our clients are preparing for these changes which are summarized below In 2024, the IRS released a revised Form 6765, which introduces...
IRS Announces New R&D Tax Credit Form 6765

IRS Announces New R&D Tax Credit Form 6765

The IRS has released a revised draft of Form 6765, Credit for Increasing Research Activities for the R&D tax credit, incorporating feedback from external stakeholders to reduce taxpayer burden and improve tax administration of the R&D credit. Key changes...