Tax Services

Proctor & Gamble vs. United States of America Ruling

On June 25, 2010, the U.S. District Court ruled on The Proctor & Gamble Company (P&G) vs. United States of America in favor of P&G. P&G and the IRS have had a long-standing accepted method on Gross Receipts computation as it relates to the Section 41 credit determination. Historically, the accepted method was to treat […]

Read More
Tax Services

Research and Development Claim Ruling by U.S. District Court

On January 29th, the U.S. District Court for the Northern District of Texas (Dallas Division) issued its ruling in the Trinity Industries, Inc. v. U.S. The Court’s ruling is another in a long line of recent major court cases regarding R&D Tax Credits cases. Trinity is a large corporation engaged in a variety of businesses. […]

Read More