Taylor Melton

Taylor Melton
Taylor brings significant experience as a Research and Development (R&D) tax credit specialist to CTI. With a Bachelor of Science from Texas A&M University, and a J.D. from South Texas College of Law Houston, he utilizes his background in business, law, and technical application to identify and secure tax incentives for various types of businesses across various industries. Throughout his career, he has performed hundreds of R&D credit projects and secured millions in tax credits for his clients. As one of CTI’s Directors, Taylor oversees and works directly with R&D Project Managers, focusing on detailed analysis, substantiation of R&D credit claims, and application of the governing tax law to the specific activities and operations of each client.
Find me on:
 

Recent Posts

Substantiation, Not Shortcuts

Written by Taylor Melton. Updated Sep 8, 2023.

The US Tax Court (the Court) recently issued a decision, holding that the Petitioners were not entitled to a research and development (R&D) credit under Internal Revenue Code (I.R.C.) § 41. Petitioners in the consolidated cases are shareholders in an S-Corporation, Catalytic Products International, Inc. (“CPI” or “the Company”), that designs and supplies air pollution control systems. CPI claimed a research credit under I.R.C. § 41 in connection with 19 projects, based on both employee wage expenses and supply expenses incurred in connection with the projects and systems the Company supplied. The Internal Revenue Service (IRS) issued a notice of deficiency related to the credit claim, and the Petitioners subsequently filed a timely petition with the Tax Court.

Read More
All posts