Tax Law

Recent Posts

IRS Issues Form 8942 and Instructions for New Section 48D
Posted on 23 Jun 2010 by Todd Reinstein

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... Read More

IRS Issues Notice 2010-45 with Application Criteria for New Section 48D
Posted on 26 May 2010 by Todd B. Reinstein and Jeffrey P. Libson

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... Read More