In 1981, congress implemented the federal Research & Development (R&D) tax credit to encourage companies to invest in innovation. Since then, the government has expanded the types of activities that qualify as R&D allowing many companies to meet the criteria simply through their efforts to stay competitive. Many day-to-day company operations potentially qualify for the R&D tax credit, and as a result, many businesses are receiving tax credits and related deductions for qualified research and development expenditures. Federal R&D credits total more than $12 billion annually; in addition, most states also offer some kind of R&D tax incentive. Join us for a webinar to learn more about R&D tax incentives, and whether or not your company may qualify.
- Identify the different R&D tax incentives
- Discuss what is necessary for a company to qualify
- Outline the many benefits that can result from these types of incentives
- Discuss recent R&D tax developments, including the impact of tax reform on R&D incentives and enhancements for small and medium sized businesses
Presenter: Joe Stoddard, CPA, Partner
Joe has 18 years of tax consulting experience providing services to a variety of industries. He helps clients benefit from R&D tax incentives (including federal and state credits) and regularly works with the IRS and state taxing authorities to support R&D tax incentives claims. He is a sought after R&D tax incentive resource, having written numerous articles and facilitated many presentations on the topic.
CPE Credits: 1
Field of Study: Taxes
Level of Knowledge: Basic
Delivery Method: Web-Based Group Session
These are web-group seminars. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773.