Join Engineered Tax Services’ leadership team as they break down the fundamentals of the R&D Tax Credit under IRC Section 41, walk through real-world client case studies demonstrating measurable tax savings, and explain the significant impact of the shift from mandatory amortization back to immediate expensing. Whether your clients are in manufacturing, software, architecture, engineering, or other innovation-driven industries, this session will equip you with the knowledge to identify qualifying activities and maximize credit opportunities.
Learning Objectives
By the end of this webinar, participants will be able to:
• Identify and apply the four-part test under IRC Section 41 to determine qualifying R&D activities
• Understand the evolution of R&D expensing, including the shift from TCJA amortization to restored immediate expensing under the One Big Beautiful Bill
• Evaluate real-world case studies to estimate credits and assess net tax benefits
• Recognize qualifying industries and advise on documentation aligned with IRS Memo IR-2021-203
• Apply PATH Act provisions, including payroll tax offsets and AMT relief for eligible businesses
Key Topics
• R&D credit fundamentals: QREs, qualifying vs. non-qualifying activities
• Legislative updates and expensing changes
• Case studies across key industries
• PATH Act benefits and eligibility
• IRS compliance and documentation standards
• Credit calculation methods (Regular vs. ASC)
• Identifying opportunities for clients