The purpose of this page is to provide you with some important references, which will be used to construct your R&D submission.
We have been asked to comment on the current bill being tabled at the Senate regarding amendment to S.41 of the IRS code. We have submitted our suggestions to Mr. BAUCUS , the Chairman of the Committee on Finance. We encourage you to review our suggestions and if you agree, please feel free to send a copy of it to your local Congress or Senate person.To download your copy, please click on the image below.
R&D Cost Capturing By IRS
Increase Your Cash Flow
Support Changes To R&D Bill
GOOD R&D WORK PAPER FLOW DEFINITELY WILL DECREASE THE BURDEN OF ANY FUTURE R&D AUDIT.
If you have already reviewed what the IRS expects to see during an R&D audit, then you will recognize that good paper flow and documentation are becoming a contentious issue. Here is the link http://www.irs.gov/businesses/article/0,,id=156353,00.html
To this end, we have been working on software to automate the entire R&D project management from inception to R&D submission. Our clients are enjoying the benefits drawn from the use of this software. They also get it as part of our service.Please review the web site of our associated company at:http://sedfasoft.com/Flash/spm/spm.html
