The Treasury Department released a new regulation to make it easier for taxpayers to claim a reduced research tax credit. While the two tax provisions are not identical, expenses that qualify for the research tax credit may also qualify for the research tax deduction. Taxpayers can claim both; however, a taxpayer must make an election [...]
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Posted in Federal R&D Tax Credit News • No Comments »
In this appeal, the Director of Taxation, State of Hawai’i (Director or State) challenges the final judgment entered by the Tax Appeal Court of the State of Hawai’i (tax appeal court)[1] on July 14, 2008 (final judgment) and two orders entered by the tax appeal court on March 7, 2008 (collectively, summary judgment orders), the [...]
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Tags: hawaii research tax credit
Posted in State R&D Tax Credits • Comments Off
Why read about the R&D tax credit on the web, when you can buy the book?