R&D Tax Credit Overview (Currently Unavailable)
Author: James Foster
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
This on-demand course, R&D Tax Credit Overview, explains how the Code Section 41 research and development tax credit came about, the details of qualification for the credit, and how to calculate the credit. It offers maximization techniques and real-world examples to further understanding of the R&D credit, and also discusses the new proposed Treasury Regulations for internal use software and their real-world implications.
Publication Date: November 2015
Designed For
CPAs, EAs, return preparers, tax attorneys, other tax professionals, and business owners who actively work to minimize taxpayer tax liabilities and need familiarity with the R&D credit.
Topics Covered
- History and evolution of the R&D credit
- Where the R&D credit is currently with Congress and its future
- How to calculate the R&D credit
- Sustaining the R&D credit with the IRS
- Practical examples of real-life situations
Learning Objectives
- Identify taxpayers that can take advantage of the R&D credit
- Understand what qualifies for the R&D credit
- Maximize the R&D credit calculation
Level
Overview
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
