Designed to demystify the complexities of the R&D Tax Credit, this recording highlights the significant benefits and compliance requirements for businesses across various industries. Whether your business is a startup or an established company, understanding the R&D Tax Credit can offer substantial financial support for your R&D efforts. In addition, we explore the implications of IRC Section 174, which requires the capitalization and amortization of R&D expenditures. Our professional-led sessions will guide you through the intricacies of the credit and capitalization regimes as well as address more changes coming in 2025.
- Dive into the basics of the R&D Tax Credit, including eligibility criteria, qualifying activities, and how the credit can benefit businesses across various industries.
- Understand the implications of IRC Section 174 on the capitalization and amortization of R&D expenses.
- Understand how to account for capitalization that should have been reported in prior tax years.
- Discover best practices for identifying and documenting qualified research expenses (QREs) to maximize your R&D Tax Credit claims while adhering to Section 174 requirements.
- Gain insights into how different industries, such as technology, manufacturing, and life sciences, can effectively utilize the R&D Tax Credit and manage the impact of Section 174.
- Stay ahead of the curve by understanding anticipated changes in R&D tax legislation and how they could impact your business.
