Content Provider
Brayn

Ea credits middle
Blankbox
Self-Study CPE
EXPATRIATE TAXATION - A DEEPER DIVE
View Details/Register
FOREIGN NATIONAL TAXATION - A DEEPER DIVE
View Details/Register
IRS FORM 1099 REPORTING: REPORTING REQUIREMENTS
View Details/Register
FORM 1041: UNIQUE ASPECTS TO TAX ACCOUNTING FOR TRUSTS AND ESTATES
View Details/Register
MISCLASSIFICATION OF WORKERS: THE BATTLE BETWEEN 1099 VS W-2
View Details/Register
TAXATION OF IRAs AT DEATH
View Details/Register
ESTATE PLANNING STRATEGIES FOR MEDIUM AND HIGH NET WORTH CLIENTS POST TCJA
View Details/Register
1099: BEYOND THE BASICS
View Details/Register
AFFORDABLE CARE ACT: INDIVIDUAL RIGHTS & RESPONSIBILITIES
View Details/Register
EARNED INCOME TAX CREDIT
View Details/Register
Free cpece webinars
Why All Businesses Need to Know More About the R&D Tax Credit

WHY ALL BUSINESSES NEED TO KNOW MORE ABOUT THE R&D TAX CREDIT

Cost Free
CPE Credits 1.0 hour
CE Credits 1.0 hour
Course Id# - HURS9-T-00774-20-O
Subject Area Taxes (Federal Tax)
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

Are you missing out on significant cash flow that can help your client's business grow multifold? Your tax clients expect you to provide guidance and advice that lead them to where growth opportunities lie — increasing their ability to make profitable business decisions. Many CPAs focus on performing tax accounting only as protocol demands and overlook longstanding tax incentives such as the Research & Development (R&D)Tax Credit as a way to put cash flow back into the business and minimize the tax burden.

The R&D tax credit is one of the most powerful incentives in the tax code. Due to the broad definition of “qualified research”, businesses in nearly every industry take advantage of the credit. The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

As a game-changing tax credit, the R&D tax credit provides both federal and in most cases, state tax credits for efforts centered around developing new and improved products, processes, techniques, software, formulas, or inventions. The new permanent research tax credit provides new opportunities for small businesses to reduce or eliminate Alternate Minimum Tax (AMT). 

Learning Objectives:


  • Recall the 4-part test for the R&D credit

  • Identify R&D activities performed and the associated qualified research expenditures

  • Identify qualifying projects & the exclusions

  • Identify the common misconceptions about R&D credits

Linkedin
Brayn

Jason joined BRAYN Consulting LLC in 2018. As a business management professional, Jason has over 15 years’ experience with treasury management, internal audit consulting, project accounting, financial reporting, and managing sales teams. Jason is a skilled leader with demonstrated ability to effectively achieve process improvement, manage change, and create diverse, cross-functional, quality-driven teams to implement corporate-wide improvements.

Jason obtained a BS in Accounting from LSU and an MBA from Sam Houston State University. Jason currently holds a license as a Certified Treasury Professional, CTP.

Linkedin
Brayn

Brady is the founder and CEO of BRAYN Consulting LLC. His mantra is, “How can I make my clients’ lives easier?” This fundamental question directs his constant efforts and the direction of BRAYN. Through vision and heavy investment into technology and infrastructure, he has made BRAYN a sleek, technology-driven, quality-focused organization that brings optimal value to clients. Brady is a staunch advocate of adding value to clients through tax credits and incentives, and through supporting businesses in a continuous process and quality improvement initiatives.

Starting off in Houston roughnecking in the oilfield, Brady worked his way through college and promoted through various positions at the oil & gas company where he worked for 10 years. He achieved his BBA in Management from Sam Houston State University, his Juris Doctor of Laws from Southwestern Law School, and is licensed to practice law in California and Texas. After law school, Brady worked at Deloitte for several years in the R&D tax group before founding BRAYN in 2010.

Under Brady's direction, BRAYN now serves clients nationwide in industries such as architecture, construction, engineering, software, manufacturing, biomedical and pharmaceutical, food and beverage, real estate, and energy. He has brought together a team of professionals with a wealth of experience. The BRAYNiacs are lawyers, engineers, and accountants with extensive industry experience hailing from Big-4 and other national consulting firms. 

Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Brayn
BRAYN is a niche consulting firm that guides businesses to greater value through tax credits and incentives, such as R&D Tax Credits, Cost Segregation, 179D, 45L, and Fuel Tax Recovery. The BRAYNiacs are a team of lawyers, engineers, and accountants with extensive industry experience hailing from Big-4 and other national consulting firms. We work collaboratively with your CPA firm to assist in the review, documentation, and substantiation of the tax incentives specific to your business. At BRAYN, we focus on building quality relationships where we are a key partner in driving business prosperity.