Tax Talk Around The Web

By Jonathan Prokup

Explore posts in the same categories: Corporate, International, Legislation

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One Comment on “Tax Talk Around The Web”


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    Fully agree that the R&D tax credit should be made permanent. In addition, the Alternative Simplified Credit should be applicable for claiming on previously filed tax returns. Most importantly, the credit should be allowed as an offset to AMT for all years, not just for 2010 and not just for companies with revenues $50m and under. We work with companies across the country, and many who qualify for R&D credita – and really need the benefit of this credit – can’t use the credit due to the inability of the credit to reduce Alternative Minimum Tax in prior years.

    Jeffrey Feingold
    Managing Partner
    Tax Point Advisors

    http://www.taxpointadvisors.com

    800-260-4138
    jeffreyfeingold@taxpointadvisors.com


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