TAX2419. R&D Tax Credit Introduction: HUGE Cash Savings for Taxpayers

This session 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 common issues. We'll also discuss the implications of 174.

Learning Objectives:

• Identify how R&D tax credits benefit taxpayers.
• Recognize the types of activities that qualify for the credit.
• Recognize the types of expenditures that qualify for the credit.
• Identify R&D tax credit opportunities.