Webinar Summary
This webinar provides a comprehensive overview of the Research and Development (R&D) Tax Credit, a valuable incentive for businesses engaged in innovation. Led by Kim Lockridge from Engineered Tax Services, the session covers the intricacies of the credit, recent legislative changes, and practical insights for maximizing its benefits.
High-Level Overview
The webinar goes into the nuances of the R&D Tax Credit, emphasizing its ability to provide significant financial relief for businesses across various industries. Kim Lockridge addresses key aspects, including eligibility criteria, qualifying expenses, and the potential impact of recent legislative developments, particularly the proposed amortization requirement and its potential reversal. She provides clear explanations and real-world examples, making the information accessible to businesses of all sizes.
Key Highlights
- In-depth explanation of the R&D Tax Credit and its benefits
- Discussion on recent legislative changes and their potential impact on businesses
- Clarification on the amortization requirement and its possible retroactive reversal
- Guidance on qualifying expenses and documentation
- Practical tips for maximizing R&D Tax Credit benefits
- Open Q&A session addressing audience inquiries
Who Should Watch
This webinar is a must-watch for:
- Business owners
- CEOs and CFOs
- Tax professionals
- Anyone interested in leveraging tax incentives for innovation