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THE R&D TAX CREDIT : A STRATEGIC TAX ADVANTAGE

4.3 (107)

Nate Ramsey, Finance Expert

Intrepid Advisors LLC

Thursday, December 19, 2019 | 02:30 PM EDT

  • CPA Canada

1 Credit

FREE

Subject Area

Taxes

Upcoming Webinars

Course Description

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.

The 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 on R&D tax credit. This webinar would cover

  • A brief history of the research tax credit. 
  • Which Research Activities qualifies for tax credit.
  • Which Research Expenses qualifies for tax credit. 
  • Different methods for computing the credit & benefits.
  • Tax update on R&D Tax credits
  • IRS Audit concerns.

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
  • To learn about the IRS audit concerns
  • To understand the history of R&D tax credit and how it evolved with time.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Practice Owners
  • Auditors
  • Business Owner
  • CFO/Controller
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Entrepreneurial CPA
  • Outsourced CFO
  • Tax Firm
  • Tax Practitioners
  • Tax Pros
  • Young CPA

Testimonial

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4.3

(107)
44%
43%
12%
1%
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MB

The speaker spoke in a fluent manner. The information was presented at a reasonable pace. I had no questions on the information presented. The displays were easy to read, very informative and answered any questions, which came to mind . The speaker was skilled in utilizing the displays in presenting the information of the webinar.

WD

I enjoyed the webinar it went identified various areas of the 1120 and how to accurately input the R & D expenses". Keep them coming myCPE

SR

Truly valuable and generous experiences shared from industrial tax expert and technology innovator.

ML

T his webinar certainly unraveled the mysteries surrounding the R & D Credit. I was unfamiliar with who qualifies for the R & D Credit and learned that I do not have any current clients who may qualify, but now know the basics and benefits of the credit.

CH

Excellent and valuable information