The R&D Tax Credit is a 20% federal credit designed to incentivize technological advances and the hiring of employees to perform R&D activities in the United States. R&D was made permanent by the PATH Act signed into law on December 18, 2015. The provision allows Eligible Small Businesses (ESB) that satisfies the less than $50 million gross receipts requirement to offset a taxpayer’s regular and AMT liabilities for tax years beginning after December 31, 2015.
Join CTI Director of R&D Mark Echols for an insightful and educational webinar for an in-depth look exploring what the R&D credit is, how to identify opportunities, and address concerns for capturing the R&D tax credit. We’ll also explore the technical updates and final regulations issued by the IRS on internal use software, and new processes for capturing the R&D tax credit using today’s latest technology and project methodologies.
R&D Credit Overview and Descriptions
Opportunities and Concerns
New process using today’s technology and new project methodologies
Current audit landscape
New Internal Use Software Regulations and Examples
Mark leads CTI’s national research and development (R&D) tax credit practice and is involved in all aspects of providing R&D services to his clients, including: conducting high-level R&D tax credit feasibility analyses, managing complex and comprehensive R&D tax credit studies and defending R&D tax credit claims under IRS and state taxing authority examinations. Mark has over 20 years of Big Four accounting firm experience and specializes in federal and state R&D tax credit solutions. Prior to joining CTI in 2013, Mark served as tax director in PricewaterhouseCoopers, LLP’s (PwC) Southern California R&D practice. He provides R&D services to Fortune 500 corporations and large public companies, as well as medium-sized private companies. Mark has aided companies in the biomedical, software, video game development, film animation, manufacturing, aerospace engineering and pharmaceutical industries, saving his clients in excess of $200 million in federal and state R&D tax credits. Mark earned his bachelor's degree from the University of California, Davis.
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