The Fifth Circuit’s decision in Grigsby, 86 F.4th 602 (5th Cir. 2023), emphasizes the need for taxpayers to clearly define business components when preparing and documenting their Sec. 41 credit.

A South Carolina-based electronic components manufacturer affiliated with Japanese conglomerate Kyocera Corp. filed a new ...

Iowa Economic Development Authority Director Debi Durham’s proposal was considered publicly for the first time Thursday by ...

The IRS has made significant changes to Form 6765, 'Credit for Increasing Research Activities,' with new requirements set to ...

The Iowa Economic Development Authority’s proposed overhaul of state tax credits has cleared initial review in the House and Senate. The changes would include limiting the money spent on research and ...

Opinion: Moss Adams' Travis Riley and Josh Harbin explain how practitioners and their clients can comply with new ...

COURTESY CORTEVA AGRISCIENCE / 2022 Corteva Agriscience said in written testimony that 2024’s change to the research tax credit threatens growth and sustainability of high-paying research and ...

The Research and Development (R&D) Tax Relief scheme is a government tax break designed to encourage innovation by incentivising companies to invest in R&D, enabling them to reduce their tax bill or ...

HSB 306 targets companies that laid off over 1,500 workers in 2024, requiring them to repay half of funds received through ...

The developers of the new headquarters for Nokia’s research arm, Nokia Bell Labs, could receive up to $103.9 million in tax credits for the project at a sprawling innovation center in downtown New ...

Pass-through business entities with research and development expenses would receive a tax credit under a bill being considered by state lawmakers. The legislature’s Commerce Committee will ...