3.1 – IRC Section 41
Here’s the backbone of the R&D Credit:
IRC § 41(a) – General rule.
IRC § 41(b) – Qualified Research Expenses
IRC § 41(c) – Base amount
IRC § 41(d) – Qualified research defined
IRC § 41(e) – Credit allowable with respect to certain payments to qualified organizations for basic research
IRC § 41(f) – Special rules
IRC § 41(g) – Special rule for pass-thru of credit
IRC § 41(h) – Termination




