Navigating the New Terrain: The IRS, R&D Studies, and the Myths of R&D Amortization
In the ever-evolving landscape of tax regulations, a significant shift has occurred that is set to redefine how businesses handle their Research and Development (R&D) expenses. The Internal Revenue Service (IRS) is now conducting Research and Experimental (R&E) studies, a move that marks a departure from the traditional approach to R&D tax credits. This change, … Read more