The 2010 Tax Relief Act extended the research tax credit, which includes the basic and energy consortium research tax credit, for two years. The research credit was extended retroactively for 2010; thus, expenses incurred for research and experimentation in 2010 …
Confidential Records Used for R&D Tax Credit
The Bayer Corp. & Subs v. United States, Civil Action Nos. 08-693, 09-351 (W.D. PA 2010), court case shows how important it is to place information and security controls on information gathered when preparing a research tax credit.
Government Must Disclose Reason for Denying R&D Tax Credit
The United States v. Goertz, No. A-09-CA-179 LY (W.D. Tex. 2010) case highlights why defending R&D tax credits on audit is often frustrating for taxpayers and the government alike. The short answer, is that it comes down to documentation. The …
United States v. Goertz, No. A-09-CA-179 LY (W.D. Tex. 2010)
ANDREW W. AUSTIN, District Judge. Before the Court are Plaintiff’s Expedited Motion for Leave to Exceed Depositions under Rule 30 (Clerk’s Docket No. 40); Defendants’ Motion to Compel Responses to Interrogatories (Clerk’s Docket No. 43); and Defendants’ Motion to Enter …
Bayer Corp. & Subs v. United States, Civil Action Nos. 08-693, 09-351 (W.D. PA 2010)
MEMORANDUM OPINION WILLIAM L. STANDISH, District Judge. These suits focus on the efforts of Plaintiffs Bayer Corporation, its subsidiaries, and Bayer-Onyx (collectively, “Bayer”) to recover some $50 million in federal income tax payments to which Plaintiffs argue they are entitled …