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R&D Tax Credit Documentation Requirements

Source Advisors May 24, 2026

The Research & Development (R&D) Tax Credit can provide valuable tax savings for businesses investing in innovation. However, qualifying activities alone are not enough to secure the credit. Companies must also maintain adequate documentation to support their claim and demonstrate compliance with IRS requirements. As IRS scrutiny of R&D tax credit claims continues to increase, proper recordkeeping has become one

R&D

R&D Tax Credit Documentation Requirements

Source Advisors May 24, 2026

R&D

The R&D 4-Part Test: How to Determine Eligibility for the Research & Development Tax Credit

The Research & Development (R&D) Tax Credit is one of the most valuable tax incentives available to businesses investing in innovation. However, not every project qualifies. To determine eligibility, the IRS applies a framework known as the R&D 4-Part Test under Internal Revenue Code (IRC) Section 41. Understanding how this

Source Advisors May 7, 2026

R&D

R&D Tax Credit Documentation Requirements

The Research & Development (R&D) Tax Credit can provide valuable tax savings for businesses investing in innovation. However, qualifying activities

Source Advisors May 24, 2026

R&D

The R&D 4-Part Test: How to Determine Eligibility for the Research & Development Tax Credit

The Research & Development (R&D) Tax Credit is one of the most valuable tax incentives available to businesses investing in

Source Advisors May 7, 2026

washington business people working at table with laptop

Sales & Use Tax

What is a Reverse Sales & Use Tax Audit?

A Reverse Sales & Use Tax Audit (RSUTA) is a structured review of prior period purchase activity designed to identify

Kamal Shah, CPA April 16, 2026

R&D

Game Development: The Quest to Generate Cash with the R&D Tax Credit

Last year, Forbes reported that the video game industry is growing so quickly that some analysts predict that it will generate

Alex Pak July 28, 2020

R&D

Cost Segregation and Estate Planning

What is Cost Segregation? Cost segregation is a highly beneficial and widely accepted tax compliance strategy utilized by commercial real estate

John Gail July 26, 2020

R&D

How Cost Segregation Affects Recapture

What is Cost Segregation? Cost segregation is a highly beneficial and widely accepted tax compliance strategy utilized by commercial real estate

John Gail July 26, 2020

R&D

R&D Tax Credits and Business Application Software: Another Arrow in Your Tax Planning Quiver

With the extended tax return filing deadlines upon us, soon it will be planning season and time to flex your

David Finley July 17, 2020

R&D

How The R&D Tax Credit Helps Gaming Companies Stay Competitive

I love video games. My kids love video games. Even my mom loves video games. What would quarantine be without

Michael Warady July 17, 2020

person looking at laptop with magnifying glass

R&D

4 Steps to Qualify for R&D Tax Credits

Many people think that R&D Tax Credits only apply to companies that require lab coats to be worn at the office. But

Leila Rayburn June 1, 2020

R&D

Proposed Changes to R&D Tax Credits Form

The Internal Revenue Service (IRS) has released a preview of proposed changes to Form 6765, Credit for Increasing Research Activities. Also known as the R&D Tax Credit, the below highlights the proposed changes and how they could potentially impact taxpayers. The IRS is currently reviewing all feedback on the proposed

Jordan Fazio November 12, 2023

R&D

Michigan House Approves $100M in R&D Tax Credits

Michigan taxpayers might be able to claim the Research and Development (R&D) tax credit, reducing their income tax. HB 5100 passed the Michigan House on October 31st, 2023 and now moves to the Michigan Senate for further consideration. The R&D tax credit incentivizes research and development activity in Michigan. It

Jordan Fazio October 19, 2023

Cost Segregation

Energy

Sales & Use Tax

Sales & Use Tax

A CPA’s Basic Guide to SALT Requirements

State and local taxes affect every business in Illinois in one way or another. To ensure their clients remain tax compliant, it’s important for CPAs to know the fundamentals, red flags, and where to look for additional guidance. State and local taxes (SALT) refer to any tax that isn’t administered

Benjamin Kluwgant January 22, 2024

Sales & Use Tax

State and Local Taxes: A Guide for CPAs, CFOs, and Business Owners

Mastering State and Local Tax Planning Tax year planning for state and local taxes is a critical aspect of financial management for individuals and businesses alike. By mastering the complexities of state and local tax regulations, CPAs, CFOs, and business owners can optimize their tax strategies and minimize their tax

Chris Vignone January 17, 2024