You didn't generate an additional $1m in revenue in years 2-5. So in a situation where you get paid a $1m contract once, and pay $1m in salaries every year, here's what happens. Year 2022: $1m revenue, -$1m expenses…
The lack of specificity in your little table should illuminate for you why this is such a complex issue to comprehend. I understand there is some fictional, meaningless interpretation hidden inside your head where that…
[flagged]
> As the article suggests some are just filing incorrectly, what are the real risks and consequences of this? Provided you never used an R&D tax credit, none. But if you did, with a huge templated report report about…
> Convincing the IRS that certain salaries suddenly don't qualify as R&D could prove challenging I always felt the R&D tax credit was too good to be true. Like how could a templated, computer generated report from a…
You didn't generate an additional $1m in revenue in years 2-5. So in a situation where you get paid a $1m contract once, and pay $1m in salaries every year, here's what happens. Year 2022: $1m revenue, -$1m expenses…
The lack of specificity in your little table should illuminate for you why this is such a complex issue to comprehend. I understand there is some fictional, meaningless interpretation hidden inside your head where that…
[flagged]
> As the article suggests some are just filing incorrectly, what are the real risks and consequences of this? Provided you never used an R&D tax credit, none. But if you did, with a huge templated report report about…
> Convincing the IRS that certain salaries suddenly don't qualify as R&D could prove challenging I always felt the R&D tax credit was too good to be true. Like how could a templated, computer generated report from a…