Bring a valuable but often overlooked tax opportunity to your business or CPA firm clients with a research and development (R&D) tax credit study. R&D studies can help a company increase cash flow by generating tax credits for qualifying research and development expenses. Yet, the complex and often confusing regulations, calculations, and tracking required may keep CPA firms from offering this service and businesses from claiming the credit.
The webinar provides a high-level look at how businesses and CPA clients can lower their effective tax rate if their activities to develop new or improved products or processes qualify.
Recognize historical context of the R&D credit and its current status
Separate fact from myth about credit qualifications
Learn how to identify qualified versus non-qualified activities
Differentiate calculation method options and discuss examples
Hear updates on case law, IRS regulations, and other legislative proposals
Bruce Stubbs has more than 20 years of legal and tax consulting experience. His past 15 years have been devoted to research & development (R&D) tax credit services, cost segregation, and fixed asset tax issues, including the repair versus capitalization issues, also known as the repair regulations. He has more than 15 years of experience in public accounting providing tax consulting services to clients across all industries. Bruce earned a bachelor's degree in accounting from Washburn University, and graduated from Washburn University School of Law with a juris doctorate. He went on to earn a master of laws in taxation from the University of Denver School of Law.