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More Software Initiatives to Qualify for R&D Tax Credit

On January 16th, the U.S Department of the Treasury released new proposed regulations that narrow and provide more clarity regarding the definition of Internal Use Software (IUS), thus making more software development initiatives eligible for the Research and Development (R&D) Tax Credit. In addition to software development companies, this new proposal will also benefit manufacturers of all […]

Small and mid-size businesses to benefit from new IRS rules for the Research & Development Tax Credit  

IRS Change Now Allows ASC Election on Amended Returns Originally proposed as a provision under the Innovators Job Creation Act, the IRS has made a significant change that could potentially make the R&D Tax Credit more attractive, and easier to claim, for many more small and mid-size companies that qualify for the credit, but for […]

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