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IRS offers opportunities for R&D credits on internal use software

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Tax Hot Topics
Tax Hot TopicsThe IRS proposed regulations on Jan. 16 that will offer many taxpayers new opportunities to claim R&D tax credits for software that previously would have been excluded under the internal use software rules. These IRS rules for determining when software is developed for internal use and therefore not eligible for a credit have been highly anticipated for more than 10 years.

For more information, see this Tax Flash.

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Mark Andrus
T +1 503-276-5910
E mark.andrus@us.gt.com

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