On June 17, the IRS released Form 8942, Application for Certification of Qualified Investments Eligible for Credits and Grants Under the Qualifying Therapeutic Discovery Project Program , (the form) and its instructions. As we described in our May 24...
On May 21, the Treasury Department
released Notice 2010-45 (Notice) for guidance on the Qualifying Therapeutic
Discovery Projects credits program under Section 48D. As we described in our
April 6 Client Alert , to
qualify for the credit, taxpayers...