For businesses and international taxpayers, the IRS’s new ASC 730 Safe Harbor Directive presents an opportunity to reduce risk when applying for R&D credit—and increase the amount of credit received.
Join us for a webcast addressing the IRS’s new directive. We’ll discuss the implications for taxpayers with qualified research expenses (QREs), the opportunities to qualify for safe harbor, and other key topics including the following:
- New directive opportunities and requirements
- Guidance options for reconciling ASC 730 safe harbor for R&D credit QREs
- Insight into the directive’s coordination of the applicable audit and tax provisions that relate to R&D
- Levels of documentation the directive requires