904, 2019

New Tax Law May Incentivize Moving R&D Outside U.S.

April 9th, 2019|

In an extended game of unintended consequences, some U.S. corporations are facing uncertainty that may result in moving R&D operations outside the U.S.  The 2017 tax law changes didn’t account for existing rules that require certain U.S. business expenses [...]

1403, 2019

You Don’t Have To Be Amazon To Benefit From The R&D Tax Credit

March 14th, 2019|

Tax filing time has arrived and so have the typical string of articles describing how the mega-corp. du jour is paying $0 in taxes despite billions in revenue.  The truth behind why a company, in this case Amazon, has [...]

2602, 2019

Capturing Research Tax Credits in Drug Development

February 26th, 2019|

Bringing a New Chemical Entity (NCE) to market is an extraordinarily expensive endeavor.  According to a Tufts University study (and validated by many other sources) bringing an NCE to market can now cost upward of $2.5 billion...a 145% increase [...]

1302, 2019

Startup R&D Tax Credit Spotlighted For Lack Of Compliance Procedures

February 13th, 2019|

According to a December 19, 2018 Treasury Inspector General for Tax Administration (TIGTA) report, the IRS does not currently have processes in place to identify small businesses that do not meet the eligibility requirements and dollar limitations for claiming [...]

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 [...]

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