Research and Development (R&D) Tax Credit
Course Description:
This webinar will cover the fundamentals of the Research and Development (R&D) Tax Credit. Topics include history and recent developments, project qualifications, calculating the benefits, the chronology of a typical project, and joint issues. Hundreds of companies take advantage of the credit each year to increase their bottom line. It’s time to learn how you can benefit!
Objectives:
- Provide a general overview of the R&D Tax Credit
- Learn how to identify qualifying projects
- Understand the various calculation methods and a sample calculation
- Discuss the project implementation and issues to consider
Visit https://www.cpaacademy.org/company/KBKG to register
Webinars are conducted by CPA Academy. For Zoom or in-person CPE courses click here.
National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. National Registry of CPE Sponsors ID Number: 108505. State boards of accountancy have final authority on accepting 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
KBKG is registered with The American Institute of Architects (AIA) as part of its Continuing Education Services program to provide continuing education learning units on specific courses. Provider Number: 10009587
WHAT ATTENDEES ARE SAYING ABOUT US
"Outstanding webinar on the basics of the R&D credit. The information they provided was easy to understand, relevant to multiple industries and focused less on a product they are trying to sell and more on teaching the topic at hand. One of my favorite webinars I've participated in!"
Alecia B, Tulsa, OK
"The presenters were knowledgeable in the R&D Credit and were able to present in such a manner that made the calculations easy to grasp and the components that comprise the credit easy to understand. Thank you!"
Marta H, Tampa, FL
"Accumulating necessary information in order to obtain the R&D credit can be a daunting task for an organization and this seminar provided some big picture items to consider when considering whether it is beneficial and worthwhile to obtain the R&D credit for the organization."
Jason M, Omaha, NE
R&D Tax Insights
KBKG Tax Alert: Update on the 174 Capitalization Fix, 2024 Tax Relief Act
03/11/2024KBKG Tax Alert: Update on the 174 Capitalization Fix, 2024 Tax Relief Act The American Families and Workers Act of 2024 (“the Act”), aimed at reinstating the ability to deduct R&D expenditures, extending bonus depreciation, and expanding the Child Tax Credit has hit a significant roadblock in the Senate. Despite its bipartisan passage in the … Read More
Biotech R&D Tax Benefits
03/01/2024Understanding R&D Tax Credits for Biotech, Bioscience, and Pharma Research and development (R&D) is a huge part of the biotech, bioscience and pharmaceutical industries. Biotech, bioscience, and pharmaceutical companies operate on the forefront of innovation, constantly seeking new solutions to complex problems through cutting-edge technology and scientific research. R&D is the lifeblood of these industries, … Read More
R&D Tax Credit for Robotics Industry
02/26/2024R&D Tax Credits for Robotics Industry If you run a small business, large corporation, or a startup, business payroll taxes could take a big bite out of your profitability. Companies in the robotics industry can lower their tax burden with the research and development (R&D) tax credit. This tax credit can help businesses developing exciting innovations … Read More
Common Misconceptions About R&D Tax Credits: Debunking Myths and Clearing Up Confusion
02/26/2024Common Misconceptions About R&D Tax Credits: Debunking Myths and Clearing Up Confusion The R&D credit refers to tax-saving opportunities for companies that invest in research and development. The R&D tax credit incentivizes businesses of all sizes to develop or improve products and processes within their industry. Unfortunately, many misconceptions may unnecessarily stop a company from claiming the … Read More
Tax Credits for Developing Battery Tech and Chemicals for Electric Vehicles
01/31/2024Using the R&D Tax Credit to Join the EV Market The production and sale of electric vehicles (EVs) are on the rise, with more consumers switching to this eco-friendly option each year. The EV market has witnessed substantial growth, driven by factors such as increasing environmental awareness, government incentives, advancements in battery technology, and improvements … Read More
How the PATH Act Helps Small Businesses
01/31/2024Understanding R&D Tax Credits for Forest Products | KBKG Companies in the forest products industry increasingly rely on research and development initiatives to optimize manufacturing, increase revenue, and create a competitive edge. Even small and medium-sized forestry businesses may qualify for valuable tax incentives related to R&D. Unfortunately, the U.S. Chamber of Commerce estimates that … Read More
Understanding R&D Tax Credits for Forest Products
01/31/2024Understanding R&D Tax Credits for Forest Products | KBKG Companies in the forest products industry increasingly rely on research and development initiatives to optimize manufacturing, increase revenue, and create a competitive edge. Even small and medium-sized forestry businesses may qualify for valuable tax incentives related to R&D. Unfortunately, the U.S. Chamber of Commerce estimates that … Read More
KBKG Tax Alert: Proposed Bill Fixes 174 Capitalization and Cuts Off New ERC Claims
01/16/2024KBKG Tax Alert: House passes proposed bill to Fix 174 Capitalization, Extend 100% bonus depreciation, and Cut Off New ERC Claims, now in Senate consideration. Proposal Aims to Boost Businesses with Immediate Deductions for Domestic Research and Experimental (R&E) Expenditures and Capital Investments on qualified property while reining in the Employee Retention Credit (ERC). The … Read More
New IRS Amendments to the Amortization of Specified Research or Experimental Expenditures
01/03/2024New IRS Amendments to the Amortization of Specified Research or Experimental Expenditures Thought Leadership by KBKG The Internal Revenue Service (IRS) issued updates regarding the amortization of specified research or experimental (SRE) expenditures under Section 174. These modifications, outlined in Notice 2024-12 and complemented by Rev. Proc. 2024-9, introduce crucial changes that tax professionals should … Read More
Year-End Legislation Aimed at Changing the TCJA
12/20/2023Year-End Legislation Aimed at Changing the TCJA Kevin Zolriasatain, Principal • Research & Development Tax Credit Services A sizable coalition of House Republicans has advocated for end-of-year legislation addressing three key business tax provisions altered by the 2017 tax reform bill. They characterize this proposal as a pro-growth economic package. In a letter dated November … Read More