News: 174

R&D Tax Credit / R&D Expenses – Changes in New Tax Bill December 2017

The R&D tax credit was preserved in the final tax bill, known as the Tax Cuts and Jobs Act, thus retaining this important tax credit for businesses to continue to incentivize retaining R&D and tech jobs in the U.S. The …

Tagged , , , , , , ,

Favorable R&D Tax Credit Case Issued – Tax Court Option in Suder v. Commissioner

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 …

Tagged , , , , , , , , ,

New Section 174 R&D Regulations – R&D Expenditures

The IRS recently published new proposed regulations for research & development (R&D) costs under Section 174 that amend some of the rules around what costs qualify under Section 174 for an R&D deduction.  In general, these amendments attempt to quell …

Tagged , , , , , , ,