by Bruce Warner | Sep 19, 2013 | Blog
On September 13, 2013, the IRS and Treasury Department released the final regulations (T.D. 9636) on repairs and maintenance providing guidance for the treatment of expenditures incurred in acquiring, producing, or improving tangible assets (commonly known as the...
by Bruce Warner | Aug 24, 2012 | Blog
The IRS released a statement on August 17 that it is ending its tiered issue program which includes the R&D tax credit, and will turn over review of previously listed issues to the newly organized issue practice groups (IPGs) and international practice networks...
by Bruce Warner | Feb 3, 2012 | Blog
In a new Field Directive issued February 1, 2012, the IRS has provided examiners guidance on reviewing facts to determine which party to a transaction has the benefits and burdens of ownership in order to claim the Section 199 Domestic Production Manufacturing...
by Bruce Warner | Nov 13, 2011 | Blog
In an October 20, 2011 letter, the IRS has redesignated the research credit for purposes of Appeals settlements. Appeals cases involving the research credit still require informing the technical guidance coordinator for research credit and updating on progress of...
