Why read about the R&D tax credit on the web, when you can buy the book?
May 31st, 2008
The IRS released a new audit techniques guide for the research tax credit. This new audit guide explains how IRS revenue agents are to conduct audits of research tax credits. This audit guide supplements the prior audit techniques guide released by the IRS approximately three years ago. This new audit guide can be found on [...]
This tax refund case is before the Court on the United States of America’s (the “IRS’s”) claim for the recovery of a refund erroneously paid to defendants Arthur and Dorothy McFerrin. Pending before the Court are the IRS’s Motion for Summary Judgment (the “Motion”) [Doc. # 14] [1] and Defendants Arthur and Dorothy McFerrins’ Cross-Motion [...]
May 1st, 2008
LMSB-04-0508-030 May 2008 Internal Revenue Service Large and Mid Size Business Division (LMSB) Pre Filing and Technical Guidance (LMSB:PFTG) NOTE: This guide is current through the publication date. Since changes may have occurred after the publication date that would affect the accuracy of this document, no guarantees are made concerning the technical accuracy after the [...]
Feb 7th, 2008
As a result of cross-motions for summary judgment in the above entitled case, the court issued a memorandum of decision (MOD) dated May 31, 2007, concerning the proper interpretation of General Statutes § 12-217ee (the Exchange Statute) as applied to the plaintiff’s claim for the remaining two-thirds of its 2003 rolling research and development (R&D) [...]
QUALIFIED R&D ACTIVITY 1. What is California’s Research & Development (R&D) Credit? 2. How do you claim the California R&D Credit? 3. Does California conform to federal R&D Credit provisions? 4. What is “qualified research” for California’s R&D Credit? 5. What research activities do not qualify for California’s R&D Credit? R&D COMPUTATION 6. What are [...]
a) For tax years ending after July 1, 1990 and prior to December 31, 2003, and beginning again for tax years ending on or after December 31, 2004, a taxpayer shall be allowed a credit against the tax imposed by IITA Section 201(a) and (b) for increasing research activities in this State (IITA 201(k)). b) [...]
Aug 27th, 2007
(k) Research and development credit. For tax years ending after July 1, 1990 and prior to December 31, 2003, and beginning again for tax years ending on or after December 31, 2004, a taxpayer shall be allowed a credit against the tax imposed by subsections (a) and (b) of this Section for increasing research activities [...]
Jul 16th, 2007
COHEN, Judge: Respondent determined deficiencies of $7,352,495, $2,802,710, and $1,793,801 in petitioner’s Federal income taxes for its years ended September 30, 1995, 1996, and 1997, respectively. Ten separate adjustments were set forth in the statutory notice, and petitioner raised a new issue in its petition. Seven issues were settled by the parties before trial, and [...]
LMSB Control No: LMSB-4-0307-025 Impacted IRM 4.51.5 April 4, 2007 MEMORANDUM FOR INDUSTRY DIRECTORS DIRECTOR, FIELD SPECIALISTS DIRECTOR, PRE-FILING AND TECHNICAL GUIDANCE DIRECTOR, INTERNATIONAL COMPLIANCE AND POLICY FROM: Patricia C. Chaback /s/ Patricia C. Chaback Industry Director Communications, Technology and Media (CTM) SUBJECT: Tier I Issue Research & Experimentation (R&E) Credit Claims Directive [...]