Wedensday, July 23 | 2:00 p.m. - 3:40 p.m. | Concurrent Session
R&D Credit: A Practical Guide with Case Studies
2 CPE for AFSP, EA, CFP®, CPA, CRTP
The research and development (R&D) credit is among the most valuable yet underutilized tax incentives available to businesses today. Recently made permanent, this credit rewards companies that invest in innovation, process improvements and technological advancements. However, many businesses overlook it or assume they don’t qualify, missing out on substantial tax savings.
With potential benefits rivaling those of the employee retention credit (ERC), the R&D credit can provide a significant financial boost, reducing tax liability and freeing up capital for growth. This session will break down eligibility criteria, dispel common misconceptions and provide actionable strategies to help businesses maximize this powerful credit. Whether working with startups, small businesses or large enterprises, tax professionals will gain the insights needed to identify qualifying activities and unlock valuable savings for their clients.
Objectives
Upon completion of this session, you will be able to:
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Identify industries and business activities that qualify for the R&D credits
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Outline for specific client industries and activities what steps must be taken to prepare for and claim the credits
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Identify what does and does not qualify for research expenditures
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Assess a client's internal documentation and records to determine eligibility
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Assist a client in determining whether the year-end credit or payroll tax election provides the most benefit for their short- and long-term cash flow needs
CPE information
Duration: 100 minutes
Course level: Intermediate
Prerequisite: Basic understanding of federal income taxation
Advanced preparation: None
Delivery method: Group Live
