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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

R&D

How does the R&D Tax Credit’s “Startup Provision” Work?

R&D Tax Credit Startup Activities and Industries With the expansion of the Research and Development Tax Credit over the years, more businesses than ever before engage in activities making them eligible to claim the R&D tax credit. Listed below are examples of activities that may be considered qualifying research activities: Add

Alex Pak November 13, 2021

R&D

How has the R&D Tax Credit Expanded Over the Years?

Governments typically incentivize private industry to produce research and development (R&D) as a strategic tool to advance their economies. Initially temporary, the federal R&D tax credit became the United States’ primary means for rewarding businesses for investment in research. The PATH Act of 2015 permanently extended the R&D tax credit and expanded

Deb Roth, CPA November 13, 2021

Cost Segregation

Energy

Sales & Use Tax

Sales Tax Registration Requirements for Businesses

Sales Tax Registration for Businesses A business that is selling goods and services within a state must register with the state’s tax department and collect the sales tax from customers and file the return regularly. Businesses that sell goods or services across state lines must be aware of the different

Chris Vignone January 24, 2023

Sales & Use Tax

What is New York City’s Commercial Rent Tax?

What is New York City’s Commercial Rent Tax? The Commercial Rent Tax (CRT) is a tax imposed on businesses that rent commercial property in certain areas of New York City. The tax is only imposed on businesses that rent property below 96th street in Manhattan. The tax is based on

Kamal Shah, CPA January 20, 2023