Issue: In Meyer, Borgman, and Johnson, Inc. v. Commissioner,[1] the issue was whether the taxpayer’s (“MBJ” or “MBJ’s”) customers funded MBJ’s research activities. The court found that its customers ...

Congress enacted the research credit to encourage businesses to engage in additional, high-risk research activities. Whether computer software development qualifies for the credit is an ongoing ...

The Internal Revenue Service is easing the rules for claiming a tax refund tied to a claim for the research and development tax credit. The IRS announced Tuesday that for claims postmarked as of June ...

The Internal Revenue Service is extending the transition period for revising claims for the research and development tax credit, which gives taxpayers 45 days to "perfect" a research credit claim for ...