This webinar broadcast serves as an overview of current rules and legislation governing the Federal Research and Development (R&D) tax credit, how it applies to the A\E\C industries. Learn about recent law changes and the types of activities that qualify for the R&D tax credit and expenses included in the tax credit calculation.
If you are a Shareholder, Principal, Financial Advisor, CPA, CFO, Controller, Owner, Business/OPS Manager, as well as supplier to the AEC industry, this is the educational session for you. If you are curious to find other avenues of reducing overhead rates (specifically direct labor expenses), increasing cash flow, increasing profit-To- Earnings Ratios, permanent tax savings, reduction in effective tax rates, and an alternative source of cash to fund growth in technical-based jobs, this will be the most valuable session of our Summit experience this week.
Upon completion of this education session, participants will be able to:
- Understand more deeply the congressional intent (why it exists) of this federal incentive program.
- Recognize the types of activities that qualify for the R&D tax credit.
- State expenses that can be included in the tax credit calculation.
- Discuss the mechanics of the tax credit calculation and the IRS audit landscape.