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 resolving [...]
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 [...]
Amy Moon has joined Hull & Knarr as Executive Director. With over 20 years combined experience at Ernst & Young and Larson Allen where she focused on research credit incentives, Amy brings an expertise that includes leading R&D studies and [...]
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” [...]
Read the latest from Washington here.
Check out the press release here.
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 allowed [...]
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 calendar [...]
On June 2nd the IRS issued temporary regulations (T.D. 9666) allowing for the election of the Alternative Simplified calculation method on an amended return. The temporary regulations were also simultaneously issued as the final proposed regulations. Now taxpayers will not [...]
Looking to attract and keep more innovative companies, Hawaii goes refundable for qualifying research activities. Read the legislation here.
About Us
For more than 20 years, Hull & Knarr has been the Tax Credits and Incentives Trail Guide to countless CPA firms and companies across the USA. We are not an accounting firm. We are industry veterans that are degreed engineers, CPAs, and tax professionals whose expertise awards our partners and clients the peace of mind they seek out in an otherwise challenging terrain.
Contact Us
| 916 E Westfield Blvd, Suite 300 Indianapolis, IN 46220 | |
| 317.889.8494 | |
| info@hullandknarr.com |
About Us
For more than 20 years, Hull & Knarr has been the Tax Credits and Incentives Trail Guide to countless CPA firms and companies across the USA. We are not an accounting firm. Our team is led by a group of industry veterans that are degreed engineers, CPAs, and tax professionals whose expertise awards our partners and clients the peace of mind they seek out in an otherwise challenging terrain.
Contact Us
| 916 E Westfield Blvd, Suite 300 Indianapolis, IN 46220 | |
| 317.889.8494 | |
| info@hullandknarr.com |
About Us
For more than 20 years, Hull & Knarr has been the Tax Credits and Incentives Trail Guide to countless CPA firms and companies across the USA. We are not an accounting firm. Our team is led by a group of industry veterans that are degreed engineers, CPAs, and tax professionals whose expertise awards our partners and clients the peace of mind they seek out in an otherwise challenging terrain.
Contact Us
| 916 E Westfield Blvd, Suite 300 Indianapolis, IN 46220 | |
| 317.889.8494 | |
| info@hullandknarr.com |
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