News: 2014

Senate Passes Energy Tax Credit 45L for 2014

The Senate passed the energy tax credit (energy efficient home tax credit) for 2014 yesterday, December 16, 2014, adopting the House bill from a few weeks ago, part of the tax extenders bill extending the 45L energy credit for one …

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Senate Passed R&D Credit Extension – 2014

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 …

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Update on R&D Tax Credit 2014 Extenders Bill

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 …

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R&D Tax Credit – Tax Extenders Bill 2014 – Vote on Thursday

Congress is expecting a vote on HR 5771, on Thursday which would extend the R&D tax credit and energy efficient tax credit under Section 45L for one year – meaning both tax credits would be retroactively enacted for 2014 (but …

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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 …

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