This course will cover an introduction to the R&D credit and its evolution since the enactment in 1981. More specifically, the course will focus on legislation changes and enhancements that have significantly impacted the credit and qualification process. The R&D credit was originally designed to be broadly construed, as such there are numerous industries that can and should take advantage of it. Learn how to navigate IRC 41, the regulations, and corresponding case law to best partner with a provider that can help you maximize tax savings for your clients.
Introduction to the R&D credit and eligible expenses
Learn about recent legislation changes and impact on the credit
Review qualifying industries and activities
Contracts matter: Learn how to determine which party is eligible for the credit
Discover the importance of documentation as evidenced through IRS audits
Jenny Varteressian is a Director for Incentax Business Tax Credit Experts. Jenny is a licensed Attorney that has worked in the Research and Development tax credit industry for several years. Since graduating law school, Jenny has gained her experience helping clients realize favorable tax credits and incentives for companies large and small across the United States. Her favorite part about working in the R&D business is aiding companies in creating benefits that will allow them to reinvest in their business. She brings to each project unique legal insight into the legislative intent behind the Tax Code, controlling regulations, and case law. When not working on identifying R&D incentives, Jenny enjoys traveling, reading, cooking, running the beautiful trails of Austin, and spending time with her family and dog.