1810, 2016

Final Research Credit Regulations Issued for Internal Use Software

October 18th, 2016|

Final regulations were published on October 4, 2016 relating to the research credit for internal use software development. These final regulations apply a majority of the rules proposed in January of 2015. The final regulations should provide guidance to [...]

2112, 2015

Permanent Extension of Research Credit: President Signs Year-End Tax Legislation

December 21st, 2015|

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 [...]

1709, 2014

Delaware Boosts Small Business

September 17th, 2014|

Delaware will soon allow businesses with less than $20 million in average revenue over the prior 4 tax years to claim a state research tax credit equal to 100% of the Federal R&E tax credit. Currently all companies are [...]

409, 2014

Massachusetts Enacts Alternative R&E Credit Calculation

September 4th, 2014|

Massachusetts Gov. Deval Patrick has signed legislation that both simplifies and increases the R&E credit over the next decade. The change provides for a calculation methodology similar to the Federal Alternative Simplified method. This method will be available for [...]

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