Taxpayer favorable guidance recently issued by the IRS clarifies the definition of internal use software, presenting new opportunities for taxpayers. A new exception to IUS requirements allows some software only to meet the traditional 4-part test as opposed to the 7-part test for internal use software (IUS). Earn one hour of CPE with this deeper look at the impact of software regs on the R&D Credit.
Peter’s 20 years of experience in tax controversy and R&D tax credit matters includes all aspects of tax controversy from Exam through the Appellate-level with both the IRS and California State taxing authorities. His experience includes audit examinations, technical advice requests, preparing and reviewing protests, IRS Appeals proceedings, and refund claims.