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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

Impact of the Tax Cuts and Jobs Act on R&D Tax Credits

The largest and most complex tax cut in U.S. history, the Tax Cuts and Jobs Act (TCJA), has left American business owners wondering how the changes to the tax code will affect them and their businesses. In the coming months, business executives and their tax preparers will be scurrying to

Deb Roth, CPA January 23, 2021

R&D

8 Things to Consider when Choosing an R&D Tax Credit Practitioner

The Tax Cuts and Jobs Act that was recently passed by Congress raised a lot of concerns and questions about the future of the R&D Tax Credit . Fortunately, our lawmakers worked out their differences and the research tax incentive survived to continue as a vital part of the tax code. Hopefully,

Rachel Bishop, CPA January 21, 2021

Cost Segregation

Energy

Sales & Use Tax

What Happens If You Don’t Collect or Remit Sales Tax?

Over the past four years, the sales tax landscape in the United States has changed significantly. The introduction of economic nexus – a connection to a state based on sales revenue or transaction count – altered the requirements for companies to collect and remit sales tax. Gone are the days when you

Chris Vignone March 23, 2022

Sales & Use Tax

Sales Tax Rules and SaaS in Maryland

Maryland Declares SaaS Taxable The hottest topic in the State & Local Tax community has been the emergence of tax laws surrounding the taxability of “Software as a Service” – or more commonly known as “SaaS.” In March 2021, Maryland’s Office of the Comptroller issued guidance on digital products and streaming

Chris Vignone August 10, 2021