The “Ins and Outs” of Software Research and Development

Late last year a Research and Development case highlighted the importance of understanding the subtleties of qualifying software R&D claims. The case, the United States of America vs. Davenport, Civil Action No.: 3:09-CV-2455-L reached judgment in the Northern District of Texas, Dallas Division of the U.S. District Court ruled in favor of the IRS over […]

The American Taxpayer Relief Act of 2012

H.R. 8, “The American Taxpayer Relief Act of 2012,” passed the Senate and the House, with the President signing the bill on January 3, 2013. There were a number of business and energy tax extensions in the bill that included among others the extension and modification of the research (R&E) credit. The R&E credit has […]

Plant Services Introduces New Products

Thimble Puller BCP’s Plant Services Division has been working on fine tuning two new products that are immediately available for use by utility clients for their Incore Flux Thimble needs. The first is a lightweight hand tool called the ‘Thimble Puller’. The Puller is a manually operated device that can be used to aid in […]

EPA 316(b) and Mercury Reduction Proposed Regulations and Associated R&D

The Environmental Protection Agency (EPA) has a number of proposed regulations; however, two in particular will present significant R&D opportunities for a number of utilities. With the addition of these two proposed rules, a number of electric generation facilities will be required to perform research to determine the best available technology (BAT) and/or combination of […]

Extending Nuclear Plant Life Beyond 60 Years

“Simply put, sound research is key to determining whether extended operation beyond 60 years can be safe and, if it can, what measures need to be taken to ensure safe operation. The industry must take the lead on these research activities.” U.S. Nuclear Regulatory Commission Chairman, The Honorable Gregory B. Jaczko[1] Although 61 nuclear plants […]

R&D Tax Credit for 2010

As you are likely aware, the Research and Development (R&D) Tax Credit has yet to be renewed for the 2010 tax year. Historically, the tax credit has expired and been retroactively renewed five times in its brief history. While there are no certainties, it is highly likely that the R&D Tax Credit will be renewed […]

Nuclear Power: The U.S. and The World

We hear this debate rage about how US has lost its “nuclear prowess” to countries like China, Japan, South Korean and EU countries. I must admit I feel some angst when looking at the peaceful use of nuclear power that began as an industry in the US and see countries taking that technology and deploying […]