Modified Treasury Regulations Allows More Taxpayers to Capture R&D Credits for Prior Years

Earlier this week, The US Department of the Treasury announced planned modifications to the Federal R&D Tax Credit (see TD 9666 here, press release from the office of Sen. Christopher Coons here) which will allow taxpayers to elect the Alternative Simplified Credit (“ASC”) method for calculating the R&D Credit on an amended tax return.  Previously, Read the full article…