R&D Tax Credits Refundable or Recoverable?

R&D Tax Credits Refundable or Recoverable?

Author | Source Advisors January 21, 2021. 4 min read The R&D Tax Credit is not refundable; however, unused credits can still provide a cash windfall. A commonly asked question: “Is the R&D tax credit refundable?” In other words, can R&D tax credits be...
What is the R&D Tax Credit Carryforward Period?

What is the R&D Tax Credit Carryforward Period?

Author | Source Advisors January 21, 2021. 5 min read When it comes to claiming R&D tax credits, many taxpayers are unaware of the rules allowing them to carryforward the unused portion of their research tax credit. In most situations, a company who has qualifying...
R&D Tax Credits for Software Development

R&D Tax Credits for Software Development

Author | Source Advisors January 21, 2021. 5 min read Companies who develop software for sale or use by customers or third parties, or for operating equipment or products, or for use in their business may be eligible for R&D tax credit . These research credits are...