2015 R&D Tax Extension Filing Dates Drawing Near
2015 extension filing dates for R&D Tax Credit claims are fast approaching. Key dates for 2015 are as follows: Company Type Original Filing Date Extension Filing Date Corporations (S,C) * [...]
The Domestic Production Activities Deduction
The Domestic Production Activities Deduction – also known as the manufacturing deduction or the Section 199 Deduction – was created as part of the Jobs Creation Act of 2004 to [...]
American Innovation : Slowing Down or Just Moving in Another Direction?
There has been a lot of talk lately that American innovation is losing its way. That Americans are not creating and developing like we used to and consequently our country is falling behind other [...]
Altera Corporation v. Commissioner, 145 T.C. No. 3 (2015)
Background Altera Corporation v. Commissioner, 145 T.C. No. 3 (2015) This court case is significant to taxpayers who engage in cost-sharing arrangements with foreign affiliates. Cost-sharing [...]
Mythbusters : R&D Tax Credit Edition
With tax extension filing dates drawing nearer, it’s a good time to take a look at your finances and make sure you are receiving all the credits and benefits available to your business. The [...]
Senate Finance Committee Passes Legislation To Extend the R&D Tax Credit For Two Years
The tax extender bill has come early this year! Unlike most years where Congress waits until the last few weeks of December to roll out the bill, they are finally giving taxpayers time to plan [...]
When Do Taxpayers Benefit from R&D Credits?
The circumstances for claiming R&D credits vary between C-Corps, S-Corps, and LLC’s. The overriding limitation is that credits can be claimed no further back than 3 years from the date of [...]
R&D Tax Credit: FAQs
What is the R&D Tax Credit? A tax incentive for performing qualified research (not necessarily successful) in the U.S., resulting in a credit to a tax return. What is the impact of the [...]
Claiming the R&D Tax Credit for S-Corporations
The guidelines for claiming the R&D Tax Credit vary depending on certain factors; one being your organization type. It is beneficial to be aware of the general process for filing for your [...]
