USA IRS Guidance for Allowance of Credit for Increasing Research Activities
IRS Issues Guidance for Allowance of Credit for Increasing Research Activities WASHINGTON–The Internal Revenue Service has issued guidance to Large Business & International (LB&I) Division examiners regarding the examination of the credit for increasing research activities under IRC Section 41 (“Research Credit”) claimed by LB&I taxpayers. Independently determining the correct amount of Research Credit claimed by LB&I taxpayers… Read More »