by Bruce Warner | Oct 22, 2013 | Blog
The Technology Development Tax Credit in North Carolina has been renamed the Research & Development (R&D) tax credit as of mid-2013 but the same rules apply and this credit is now extended through 2015. Taxpayers may claim eligible R&D expenses for the...
by Bruce Warner | Apr 3, 2013 | Blog
On March 18th, 2013, the Supreme Court declined to review a Second Circuit decision, affirming the Tax Court decision, finding that the taxpayer was entitled to a R&D tax credit for only additional supplies that were used to perform research. The Union Carbide...
by Bruce Warner | Sep 26, 2012 | Blog
In a ruling on a Motion for Partial Summary Judgment filed September 20, 2012, the District Court hearing the Bayer R&D tax credit case denied the government’s Motion for Partial Summary Judgment. The government was seeking partial summary judgment arguing that...
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...
