If you’re submitting a claim for a refund that relates to the research credit, you must provide certain minimum information. The IRS instructed its employees in the Large Business and International Division as well as the Small Business/Self-Employed Division on what to look for with respect to claims filed on or after January 10, 2022. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."
Footer
BOI reporting cont'd. But this isn’t the end of the story. The government filed a notice of appeal with the appellate court, and FinCEN says “deadline stay—voluntary submission only” (https://bit.ly/3ZpKxwU Note: There are cases challenging CTA that are still pending.