Kaufman Rossin I R&D Tax Credit: Significant Reporting Changes Proposed by the IRS

Recently proposed reporting changes currently being contemplated by the IRS and Congress could impact taxpayers claiming the R&D tax credit as soon as the 2024 tax year. In light of these potential changes and recent court cases, taxpayers should review their substantiation strategy and prepare to provide additional information should that be required to claim the credit going forward. Read more. Compliments Kaufman Rossin