TCJA Dec 2017
Tax Cuts and Jobs Act, H.R. 1 December 22, 2017 Summary of the Impact of Tax Reform on the Research Credit: Section 280C benefit increased Due to the corporate tax rate cut from 35% to 21%, the election to reduce [...]
Minnesota Updates Form for 2015
The Minnesota form for the Credit for Increasing Research Activities, Schedule RD, has changed effective for the 2015 tax year. The current method of calculating the Minnesota credit has not changed. However, an entirely new section of the form, requesting [...]
Permanent Extension of Research Credit: President Signs Year-End Tax Legislation
The White House announced that President Obama on Friday, December 18, 2015, signed into law H.R. 2029, the “Consolidated Appropriations Act, 2016.” This legislation combines and includes the tax provisions of the “Protecting Americans from Tax Hikes Act of 2015” [...]
