What is Delaware’s Apportioned Share of Federal ASC? The Delaware Apportioned Share of Federal ASC (Alternative Simplified Credit) is the portion of a company’s federal R&D tax credit [...]

Quick Answer: The Alternative Simplified Credit (ASC) is an elective federal method calculated as 14% of current-year Qualified Research Expenses (QREs) exceeding 50% of the average QREs from the [...]

Answer Capsule: The Delaware Apportioned Share (DAS) is a statutory method for multi-state businesses to calculate their eligible state R&D tax credit. It determines the specific portion of [...]

What are Average Annual Gross Receipts (AAGR) for the Delaware R&D Tax Credit? The Average Annual Gross Receipts (AAGR) determines if a taxpayer qualifies for enhanced, “small [...]

Quick Answer: A Delaware small business for R&D tax credit purposes is defined as a taxpayer whose average annual gross receipts (AAGR) do not exceed $20 million. This qualification grants [...]

Quick Answer: The 20% Credit Rate (Small Business Alternative) under the Delaware R&D Tax Credit allows qualified small businesses (average annual gross receipts under $20 million) to claim [...]

AI Answer Capsule: The Delaware 10% General Rule (Method A) is a refundable Research and Development (R&D) Tax Credit. It is calculated as 10% of a taxpayer’s Delaware Qualified [...]

Answer Capsule: What are Excess Delaware Qualified Research Expenses? Excess Delaware Qualified Research Expenses (Excess DQREs) represent the portion of a taxpayer’s current-year Delaware [...]