Take Credit where Credit is Due: Why ALL businesses need to know more about the R&D Tax Credit

Course Details

Choose Your Time Zone:

Course Description

Are you missing out on significant cash flow that can help your clients business grow multifold ? Your tax clients expects you to provide guidance and advice that lead them to where growth opportunities lie — increasing their ability to make profitable business decisions. Many CPAs focus on performing tax accounting only as protocol demands and overlook longstanding tax incentives such as the Research & Development (R&D)Tax Credit as a way to put cash flow back into the business and minimize tax burden.

The R&D tax credit is one of the most powerful incentives in the tax code. Due to the broad definition of “qualified research”, businesses in nearly every industry take advantage of the credit. The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

As a game-changing tax credit, the R&D tax credit provides both federal and in most cases, state tax credits for efforts centered around developing new and improved products, processes, techniques, software, formulas or inventions. The new permanent research tax credit provides new opportunities for small businesses to reduce or eliminate Alternate Minimum Tax (AMT). 

This free CPE webinar will cover :

  • The explanation of Qualified Research Expenses
  • How to claim this R&D tax credit ?
  • Myths associated with R&D tax credit

If you are in Industry this webinar will help you in identifying opportunities to save tax for your company. If you are in public practice this webinar will help you in advising clients in tax saving through R & D Credits.

Webinar Qualifies for

  • 1 CPE credit of Taxes for all CPAs
  • 1 CE credit of Federal Tax for Oregon Tax Preparers
  • 1 CE credit of Federal Tax for Maryland Tax Preparers
  • 1 CE credit of Federal Tax Subjects for CRTPs (CTEC Approved - 6273)
  • 1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ )
  • 1 General Educational credit for Tax Professionals/Bookkeepers/Accountants

Learning objectives

  • To recall the 4-part test for the R&D credit
  • Identify R&D activities performed and the associated qualified research expenditures
  • Identify qualifying projects & the exclusions
  • To identify the common misconceptions about R&D credits

About Presenter

Jason Villere

Director (Tax), BRAYN Consulting LLC

jason@brayn.com

Jason joined BRAYN Consulting LLC in 2018. As a business management professional, Jason has over 15 years’ experience with treasury management, internal audit consulting, project accounting, financial reporting and managing sales teams. Jason is a skilled leader with demonstrated ability to effectively achieve process improvement, manage change and create diverse, cross-functional, quality driven teams to implement corporate-wide improvements.

Jason obtained a BS in Accounting from LSU and an MBA from Sam Houston State University. Jason currently holds a license as a Certified Treasury Professional, CTP.

BRAYN Consulting LLC is a fast-growing consulting firm that supports CPA firms and their clients in taking full advantage of specialty tax credits and incentives. We are currently a small firm with virtual offices, growing at a fast pace and we need high quality talent. We primarily serve closely-held, mid-sized companies. This allows our partners and staff to experience a penumbra of issues, challenges and opportunities different than those afforded by Big-4 or Top 10 Accounting Firms.

About Co-Presenter

Brady Bryan

Chief Executive Officer (CEO),BRAYN Consulting LLC

brady@brayn.com

Brady is the founder and CEO of BRAYN Consulting LLC. His mantra is, “How can I make my clients’ lives easier?” This fundamental question directs his constant efforts and the direction of BRAYN. Through vision and heavy investment into technology and infrastructure, he has made BRAYN a sleek, technology-driven, quality-focused organization that brings optimal value to clients. Brady is a staunch advocate of adding value to clients through tax credits and incentives, and through supporting businesses in a continuous process and quality improvement initiatives.

Starting off in Houston roughnecking in the oilfield, Brady worked his way through college and promoted through various positions at the oil & gas company where he worked for 10 years. He achieved his BBA in Management from Sam Houston State University, his Juris Doctor of Laws from Southwestern Law School, and is licensed to practice law in California and Texas. After law school, Brady worked at Deloitte for several years in the R&D tax group before founding BRAYN in 2010.

Under Brady's direction, BRAYN now serves clients nationwide in industries such as architecture, construction, engineering, software, manufacturing, biomedical and pharmaceutical, food and beverage, real estate, and energy. He has brought together a team of professionals with a wealth of experience. The BRAYNiacs are lawyers, engineers, and accountants with extensive industry experience hailing from Big-4 and other national consulting firms. 

BRAYN Consulting LLC is a fast-growing consulting firm that supports CPA firms and their clients in taking full advantage of specialty tax credits and incentives. We are currently a small firm with virtual offices, growing at a fast pace and we need high quality talent. We primarily serve closely-held, mid-sized companies. This allows our partners and staff to experience a penumbra of issues, challenges and opportunities different than those afforded by Big-4 or Top 10 Accounting Firms.

FAQ

  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete webinar and respond to all polling questions asked during the webinar. CPE is issued on 50 minute credit hour basis.
  • This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during/after the webinar.
  • If you are Canadian Chartered Professional Accountant (CPA) many of our courses qualifies for your verifiable CPD requirements you will get your certificate for the program. You can check a tab of “Webinar Qualifies for” for the same.However please do verify with respective regulatory body about the eligibility for the same.
  • Many of our courses are approved by “CFP Board” for CE credits of certified financial Planner(CFP). Please check a tab of “Webinar Qualifies for” to verify whether webinar qualifies for CE credits for CFP or not.

Refund/Cancellation Policy

For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128

In case any of the course or live webinars gets cancelled we would be refunding you the entire amount (if paid).

Reviews

4.5
(193)
59%
34%
5%
2%
1%
  • XL
    xin liu , CPA
    Aug 3rd 2020
    great
DP
Dorothy Partin , EA
Instructor did a great job
TS
Tammie Smith
Thank you
NS
Nita Stuckwish , EA
Okay
MR
Michael Rebholz , CPA
quality
AN
AMANDA NGUYEN
none

NASBA Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

IRS Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary

CTEC Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

upcoming Live CPE Webinars

BEST TAX RETURN WORKSHOP ON S CORPORATION (1120S)
Wednesday, August 05, 2020 | 09:00 AM EDT View Details/Register
Government Contract Accounting - Fundamentals, Indirect Rates, Cost & Price Proposal, CAS (Updated 2020)
Wednesday, August 05, 2020 | 09:00 AM EDT View Details/Register
TAX PRACTITIONERS ETHICS (LATEST 2020)
Wednesday, August 05, 2020 | 01:30 PM EDT View Details/Register
Digital Transformation Reduces Friction and Delivers a Modern 1040 Client Experience
Wednesday, August 05, 2020 | 02:00 PM EDT View Details/Register
How to Analyze Your Client’s Tax Situation Course Information
Wednesday, August 05, 2020 | 03:00 PM EDT View Details/Register
Schedule C for 1040 (2020)
Wednesday, August 05, 2020 | 03:00 PM EDT View Details/Register
3 Things Your Pricing Should Include in Today's Environment (Covid-19 Special)
Wednesday, August 05, 2020 | 04:00 PM EDT View Details/Register
Quickbooks Online (QBO) Mobile Application for Accountants
Thursday, August 06, 2020 | 09:00 AM EDT View Details/Register
IRS COLLECTION REPRESENTATION IN THE WAKE OF COVID-19
Thursday, August 06, 2020 | 10:00 AM EDT View Details/Register
Building a Framework for Regulatory Ethics
Thursday, August 06, 2020 | 10:30 AM EDT View Details/Register
Passive Loss Issues with Schedule K-1s
Thursday, August 06, 2020 | 11:00 AM EDT View Details/Register
S-Corp Preparation, Basis Calculations & Distributions – Form 1120S Schedule K & K-1 Analysis
Thursday, August 06, 2020 | 11:00 AM EDT View Details/Register
Top 10 Things All CPAs Need to Know About IRS Representation
Thursday, August 06, 2020 | 11:30 AM EDT View Details/Register
INTRO TO ACCOUNTINGSUITE™ & MULTI-CHANNEL INVENTORY
Thursday, August 06, 2020 | 12:00 PM EDT View Details/Register
Effective Leadership – Finding Common Ground Despite Differing Points of View
Thursday, August 06, 2020 | 12:00 PM EDT View Details/Register
  • Cost FREE
  • CPE Credits 1
  • CE Credits 1
  • IRS Course ID GEHNZ-T-00219-20-O
  • CTEC Course ID 6273-CE-0226
  • Subject Area Taxes
  • Course Level Basic
  • Instructional Method group internet based
  • Prerequisites None
  • Advanced Preparation None
  • Who should attend? Tax Practitioners Bookkeeper Accountant CPA - Small Firm CPA - Mid Size Firm Accounting Firm Tax Pros CPA (Industry) Tax Firm Young CPA CPA in Business Entrepreneurial CPA Tax Accountant (Industry) Tax Director (Industry) Accounting Practice Owners Accounts Director Entrepreneurial Accountant Tax Managers Accounting Managers Tax Preparer Staff of Accounting Firm
  • Handout Material Download

upcoming Live CPE Webinars

BEST TAX RETURN WORKSHOP ON S CORPORATION (1120S)
Wednesday, August 05, 2020 | 09:00 AM EDT View Details/Register
Government Contract Accounting - Fundamentals, Indirect Rates, Cost & Price Proposal, CAS (Updated 2020)
Wednesday, August 05, 2020 | 09:00 AM EDT View Details/Register
TAX PRACTITIONERS ETHICS (LATEST 2020)
Wednesday, August 05, 2020 | 01:30 PM EDT View Details/Register
Digital Transformation Reduces Friction and Delivers a Modern 1040 Client Experience
Wednesday, August 05, 2020 | 02:00 PM EDT View Details/Register
How to Analyze Your Client’s Tax Situation Course Information
Wednesday, August 05, 2020 | 03:00 PM EDT View Details/Register
Schedule C for 1040 (2020)
Wednesday, August 05, 2020 | 03:00 PM EDT View Details/Register
3 Things Your Pricing Should Include in Today's Environment (Covid-19 Special)
Wednesday, August 05, 2020 | 04:00 PM EDT View Details/Register
Quickbooks Online (QBO) Mobile Application for Accountants
Thursday, August 06, 2020 | 09:00 AM EDT View Details/Register
IRS COLLECTION REPRESENTATION IN THE WAKE OF COVID-19
Thursday, August 06, 2020 | 10:00 AM EDT View Details/Register
Building a Framework for Regulatory Ethics
Thursday, August 06, 2020 | 10:30 AM EDT View Details/Register
Passive Loss Issues with Schedule K-1s
Thursday, August 06, 2020 | 11:00 AM EDT View Details/Register
S-Corp Preparation, Basis Calculations & Distributions – Form 1120S Schedule K & K-1 Analysis
Thursday, August 06, 2020 | 11:00 AM EDT View Details/Register
Top 10 Things All CPAs Need to Know About IRS Representation
Thursday, August 06, 2020 | 11:30 AM EDT View Details/Register
INTRO TO ACCOUNTINGSUITE™ & MULTI-CHANNEL INVENTORY
Thursday, August 06, 2020 | 12:00 PM EDT View Details/Register
Effective Leadership – Finding Common Ground Despite Differing Points of View
Thursday, August 06, 2020 | 12:00 PM EDT View Details/Register