Federal Tax Update: Research Credit Blues

https://vimeo.com/843721129

https://www.currentfederaltaxdevelopments.com/podcasts/2023/7/9/2023-07-10-research-credit-blues

 

This week we look at:

• S corporation loses on research credit claim and gets hit with penalties - risks of a credit study
• Exempt organization status denied for an organization formed to raise funds for one person’s medical bills
• Discussion of tax research hierarchy in this short week