by Bruce Warner | Sep 21, 2015 | Blog
A new decision from the Court of Federal Claims in Dynetics v. United States asks the question what type of research is considered funded research for the R&D tax credit. In Dynetics, the taxpayer did not retain substantial rights to the research or was not...
by Bruce Warner | Jan 19, 2015 | Blog
These important new proposed regulations issued last week on the R&D tax credit affect what is known as internal use software or IUS which has been debated since Congress distinguished internal use software from other software back in 1986. Over many years, there...
by Bruce Warner | Dec 17, 2014 | Blog
On December 16, 2014, the Senate approved the House bill extending the R&D tax credit for one year (retroactive for 2014). The President is expected to sign the R&D credit and other extenders into law today. Although the one year extension does not provide...
by Bruce Warner | Dec 13, 2014 | Blog
On Thursday, 12/11, Senate Leader Harry Reid indicated he wanted a vote on the tax extenders including the R&D tax credit and many other expired provisions during this session of Congress before the break. The order of priority was passing a bill to keep the...
by Bruce Warner | 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...
