Tax Law

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Joel S. Newman on the Tax Treatment of Research and Development
Posted on 30 Jul 2012 by Joel Newman, Esq. Professor of Law, Wake Forest

Since its inception as part of the 1981 Tax Act, the research and development tax credit under IRC Sec. 41 has expired and been reinstated many times. The credit lapsed as of December 31, 2011, but is expected to be reinstated again in some form. Treasury... Read More