Specifically, what the accounting requirements for research and development (R&D tax credits) for software companies? Are there any reasons not to claim R&D tax credits? What effect on basis do they have, if any, for intellectual property assets?

tax-law tax-classification intellectual-property r-d

asked by rklein

I've always considered LLC's to be for small personal businesses such as software consultancies, design agencies and so on. But there are large companies I'd have thought would be full corporations but are not. For example, Kaiser Permanente is an LLC with 150,000 employees. Chrysler, the car company, is also an LLC.What benefit do they get from being LLCs?

finance business-entity tax-classification llc s-corp

asked by mkennedy