legercpa.com
What are eligible R&D costs? - Leger CPA
Eligible R&D (Research & Development) costs include these categories: Wages: W-2 taxable wages for employees offering direct support and first-level supervision of research. Supplies: Supplies used in research, including so-called extraordinary utilities but not capital items or general administrative supplies. Contract research: Certain subcontractor expenses (provided the subcontractor’s tasks would qualify if they were instead...
ronleger