Section 174 Update – R&D Expenditure Capitalization
The IRS released an advance version of Notice 2023-63 providing interim guidance intended to clarify the application of section 174, as amended by the “Tax Cuts
The IRS released an advance version of Notice 2023-63 providing interim guidance intended to clarify the application of section 174, as amended by the “Tax Cuts
Venture Capital (VC) firms employ three primary investment decision-making models. The Studio Model favors a hands-on approach where studio operators work directly with founders on
An 83(b) election is a provision under the U.S. Internal Revenue Code (IRC) that gives an employee the option to pay taxes on the total
2023 brought several changes to the R&D tax credit and its related provisions. As many of you already know, the R&D tax credit can be
The history of the R&D tax credit, also referred to as the Research Credit, started almost 35 years ago to allow businesses that leverage science and technology in their