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Taxpayers must retain substantial rights to research results to claim R&D tax credits In the case of Tangel v. Commissioner, the court held the taxpayer was not entitled to the R&D tax credit because it did not retain substantial rights to the research it performed.  The court analyzed the terms and conditions of the contract […]

Taxpayers must maintain and document base period detail for R&D credit calculations In the case of Research, Inc. v. United States of America, the court held Research, Inc. was not entitled to additional R&D tax credits for its tax year ending September 20, 1985, due to failure to accurately reflect its base period qualified research […]

In December 2021, a major cybersecurity bug was detected in Log4j, a widely used piece of open-source logging software provided by a leading middleware provider (Apache Software Foundation). Although the security hole has been rapidly patched by most major companies, the vulnerability could persist for years as previously infiltrated computer networks are compromised. Log4j software […]

HaveIBeenPwned.com (“HIBP”) is a website that aggregates breaches and enables users to identify where their personal data has been exposed. The word “pwned” has its origins in video game culture and is typically used to imply someone has been controlled or compromised by a breach. A breach is an incident where data is or has […]