Life Sciences & Pharma Archives

Articles Business Tax Life Sciences & Pharma

Expected IRS R&D Credit Form Changes and Potential Opportunities

The IRS has recently released a new draft of Form 6765, "Credit for Increasing Research Activities," aimed at expanding the…

Tim TorresFebruary 10, 2025

International Commerce Group International Tax Life Sciences & Pharma Multimedia Outsourced CFO, Controller, & Accounting Services WG Podcast

Certification of U.S. Tax Residency

Join host Chris Frederick and partner Darko Naumoski as they dive into the intricacies of U.S. tax residency, exploring how…

WilkinGuttenplanOctober 8, 2024

Emerging Entrepreneurs International Commerce Group Life Sciences & Pharma Multimedia

Navigating Borders: Challenges of Indian Businesses Expanding to the U.S.

Partner ⁠Vinay Navani,⁠ and host ⁠Chris Frederick,⁠ kick off Season 3 with an episode discussing the key obstacles businesses may face when looking to…

Vinay NavaniJanuary 2, 2024

Articles Business Tax Life Sciences & Pharma

Licensing or Sale of Intellectual Property

Collaboration agreements are often seen as a means for life sciences, biotechnology, and other companies to share the risks often…

Tim TorresDecember 7, 2023

Articles Business Tax Life Sciences & Pharma

Licensing or Sale of Intellectual Property in a Collaboration Agreement

Collaboration agreements are often seen as a means for life sciences, biotechnology, and other companies to share the risks often…

Tim TorresDecember 5, 2023

Articles Business Tax Life Sciences & Pharma

Collaboration or Partnership: Defining Which Is Best

Today’s economy is strife with soaring costs, and every business feels the impact. Look no further than development-stage life science…

Tim TorresNovember 30, 2023

Articles Business Tax Life Sciences & Pharma

Revenue Recognition Issues: ASC 606 and The Corresponding Tax Treatment

Life science companies enter into different types of contractual agreements, and each type has its own characteristics when it comes…

Tim TorresNovember 15, 2023

Articles Business Tax Life Sciences & Pharma

Maximize Donations of Pharmaceutical Drugs

For pharmaceutical companies that aim to improve cash flow while serving the public good, Internal Revenue Code (IRC) 170(e)(3) provides…

Tim TorresSeptember 8, 2023

Articles Business Tax Life Sciences & Pharma

Deduction Rules for Accrued Liabilities: Chargebacks Edition

Chargebacks previously explained in our article titled, “What Are Chargebacks, and Why Are They Important?” are contracts between wholesale customers…

Tim TorresSeptember 8, 2023

Articles Life Sciences & Pharma Technology

New Jersey Continues to Promote Research & Development

The Federal tax law changes surrounding research and development (R&D) expenses (Internal Revenue Code Section 174), which became effective January…

Tim TorresJuly 18, 2023