Latest News Surrounding Accounting Method Changes, Safe Harbor, Depreciation, and Research Tax Credit

Change to Accounting Methods to Comply with the New Tangible Property Regulations The IRS recently issued two revenue procedures that primarily compile the rules for requesting consent to change accounting

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Brian Applebaum joins Engineered Tax Services Research & Development (R&D) Department and Business Development Team out of Houston, TX. He will serve as a Project Manager for R&D while utilizing

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The IRS recently released proposed regulations to qualify internal-use software for purposes of the research tax credit. The regulations are intended to allow additional software to qualify for the credit.

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On Friday, January 16, 2015, the Department of Treasury released proposed regulations for the R&D Tax Credit regarding the inclusion of computer software developed primarily for internal use. The proposed regulations define internal

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Software development companies can take advantage of the Research & Development Tax Credit in ways that extend beyond just traditional programming departments. The software being developed also does not have

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The RTC was introduced to motivate business entity taxpayers to incur qualifying research and development expenditures with the high expectations that such an advantageous tax incentive would facilitate in stimulating job growth and investment in the United States and prevent further jobs from going overseas.

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