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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

Taxpayer Wins in Court for R&D Tax Credits

In a recent opinion, the U.S Tax Court rebuffed another attempt by the IRS to deny R&D Tax Credits to taxpayers. By granting summary judgment to the taxpayer, the Court upheld the string of cases that define what funded research means. The Case: Populous Holdings, Inc. v. IRS The taxpayer, Populous

Deb Roth, CPA June 1, 2020

R&D

Navigating the R&D Tax Credit: Internal Use Software

Internal Use Software (IUS) includes software applications, operating systems and related resources used to run a business and serve customers. Many small, midsized and even larger U.S. companies currently do not take advantage of Federal & State tax credits available for IUS research and development (R&D). Companies often don’t seek

David Finley June 1, 2020