You Need More Documentation
Increased Scrutiny of IRC§41 Requires Additional Information for Substantiating Claims
by Patrick Donahue
| The Research and Experimentation Tax Credit (R&E Credit) has been a highly scrutinized section of the Federal Internal Revenue Code (IRC). Consequently, Hull & Knarr adopted a policy of conducting engineering based R&E Credit studies that supplemented the accounting of research expenditures. These engineering based studies relied on contemporaneous and anecdotal information to substantiate the qualified nature of each company’s research projects. |
| read more » |
A New and Improved Credit?
Bill Introduced to Extend the Research Tax Credit
by David M. Hull, CPA
Momentum is building in Congress to pass an extension of the research tax credit. House Ways and Means Committee Chairman Charles Rangel told reporters on May 7, “It's a top priority.” The exact nature of that extension has yet to be determined. |
| read more » |
|
|
Advancing
the Athelete
Innovations Within the Sporting Goods Industry
by Patrick Donahue
 |
| Technical Professionals have become as large a part of the Professional Athlete as coaches. |
| click here » |
Foam Industry Pioneer
Carves Out Significant
Tax Savings
R & E credit helps Edge-Sweets Company expand in new directions
|
|
