Government Affairs

IRS Permits Multi-Year R&D Tax Credit Claims on Amended Returns

The Internal Revenue Service (IRS) will now allow taxpayers to claim the “simplified” research and development (R&D) tax credit on amended tax returns. The Alternative Simplified Credit (ASC) was created in 2006 to eliminate more complex calculations required under the original R&D tax credit, making it easier for small and mid-size companies to take advantage of the program.

National Park Services Offers Five Alternatives for Managing OHV Use at Cape Lookout National Seashore, North Carolina

The National Park Service (NPS) has issued a Draft Environmental Impact Statement (DEIS) for managing off-highway vehicle (OHV) activity at Cape Lookout National Seashore, North Carolina. The DEIS Plan considers four alternatives for OHV management, along with a fifth alternative that would prohibit OHV activity altogether.

Minnesota Joins List of States Banning Lead Wheel Weights

As of January 1, 2016, it will be illegal to sell, distribute or install a wheel weight in Minnesota that contains lead or mercury. The law also requires proper recycling of lead- or mercury-based weights removed from vehicles. California, Illinois, New York, Maine, Vermont and Washington have already enacted laws banning the manufacture, sale and use of lead weights.

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