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ACC 610 Week 6 Final Paper, Tax Incentive Program Through Corporate Tax Law

The Credit for Increasing Research Activities is a litmus test for what aspects of the Research and Development activities of the company qualify for a tax credit. There are four substantial tests (IRC, Section 41) that must be passed in order for the R&D the company incurred during that tax year to qualify for the credit. The tests include specific guidelines for what types of expenditures the company is trying to claim. Anything that is ……in the normal course of business will be disallow from the tax credit claim under Section 41. Costs incurred………..Continued

(TWO PAPERS)

ACC 610 Week 6 Discussion Question 1

ACC 610 Week 6 Discussion Question 2