myCPE

THE R&D TAX CREDIT : A STRATEGIC TAX ADVANTAGE 1 Credit

THE R&D TAX CREDIT : A STRATEGIC TAX ADVANTAGE 1 Credit

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objectives

  • Identify the key factors for identifying qualified R&D activities and expenditures
  • Learn how the R&D tax credit is calculated using two methods
  • Learn about the new regulations for small businesses – AMT & payroll tax offset
  • Discover how R&D tax credits can benefit your clients

Course Overview

DO NOT LEAVE MONEY ON THE TABLE WITH UNCLAIMED R&D TAX CREDITS

For many years the Research & Development (R&D) tax credit was constantly at risk, making it hard for companies to plan their future R&D activities to take advantage of this powerful tax inventive. Tax law changes since 2016 have not only made the federal R&D tax incentive permanent but have also expanded the benefits, especially for smaller businesses.

Code Section 41 Research and Development tax credit provides significant bottom-line benefits to taxpayers who take advantage of it. The Research & Development (R&D) Tax Credit was created to help businesses engaged in qualified research activities. However, many taxpayers are not claiming or are under-claiming the R&D tax credit. 

Because of some legal misinterpretations on tax credit laws, only very few companies in the U.S. take advantage of the R&D tax credit. Thus, as an accounting professional you can help the companies of all sizes including startups and small companies to make to claim their tax credit and help them in offsetting federal taxes dollar for dollar. 

This 1-hour FREE webinar is for all the accounting professionals who have limited knowledge of R&D tax credit. This webinar would cover
  • A brief history of the research tax credit. 
  • Which Research Activities qualifies for the tax credit.
  • Which Research Expenses qualifies for the tax credit. 
  • Different methods for computing credit & benefits.
  • Tax update on R&D Tax credits
  • IRS Audit concerns.

On Demand Credits for All Qualifications

License details Credits Status
CPA in Canada 1 CPD Eligible
SHRM-Senior Certified Professional (SHRM-SCP) 1 PDC Approved

Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

SHRM APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC, is approved (Provider Number – RP5359)  by the Society for Human Resource Management (SHRM) to offer Professional Development Credits (PDCs) for the SHRM Certification Program (SHRM-CP or SHRM-SCP). For more information about SHRM certification or recertification, please visit www.shrmcertification.org.

About Instructor

Steve Powers | Live webinar on R&D Tax Credit best for Candian CPA

Steve Powers

President, Intrepid Advisors LLC

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Steve Powers became President and owner of Intrepid Advisors early in 2009, following many years serving as the Managing Director while the company operated as CCR Cost Recovery Services, a subsidiary of Carlin Charron & Rosen LP.  Prior to his joining Intrepid Advisors, Steve held a position as VP of Engineering as O.S. Walker of Worcester, MA where he gained valuable manufacturing and product development experience. Steve has expert-level knowledge regarding the IRS regulations for federal and state research credits and has successfully supported his clients through hundreds of audits.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent (70%)

Very Good (15%)

Average (4%)

Poor (1%)

Terrible (11%)

RB

Ruth Baker, EA

5

This was new material for me, and I hope to be able to use this in the future.... Good lecture, may listen again.

JT

James Tyler, CPA (US)

5

Very valuable information I was not aware of previous to the webinar.

Inclusions

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    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting

    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

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  • Live Support

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