R&D Update: Is the R&D Tax Credit Worth the Time to Pursue?

Many companies have difficulty understanding the value of the R&D tax credit to the organization. To help put it in perspective, we recently conducted an equivalency assessment for a custom manufacturer. The chart below compares the additional revenue that would...

R&D Tax Credit: When is Owner Compensation Deductible as Research?

A recent court case provides guidance on owner compensation and when it qualifies as a research expense under §174.  This qualification under §174 then dovetails with the §41 research and development (R&D) tax credit calculation and can have a huge impact.  Many...