Introduction Under IRC §41(b)(3), not all research expenses paid to third parties qualify equally for the R&D Tax Credit. The IRS allows taxpayers to claim a partial percentage of...
Controlled Group R&D Credit When multiple related companies operate under common ownership, the IRS requires them to aggregate their Qualified Research Expenses (QREs) to determine a single R&D Tax...
Calculate the R&D Tax Credit The R&D Tax Credit under IRC §41(a) helps U.S. businesses save taxes for qualifying research and innovation. The Regular Method is the original formula...
Many Indian professionals working in the U.S. on an L-1 visa face confusion about tax residency, dual-status returns, foreign salary, and tax treaty benefits. Worse, most CPAs are unfamiliar...