Businesses spent $384.2 billion on research and development in the United States in 2021, a 5% increase from 2020. Changes to the R&D credit in recent years have made it a valuable cash benefit to a broad spectrum of businesses, regardless of size or industry. However, the changes in the R&D credit rules this tax year will affect both profitable and pre-revenue businesses. Understanding how these changes will impact your client's business moving forward is critical.

Join Stephen Yarbrough (CPA, former IRS agent, and co-founder of Neo.Tax) and Taylor Schaude (former KPMG associate, head of partnerships at Neo.Tax) as they provide valuable insights on how to identify qualifying activities for the R&D tax credit. They will also explore how your client's business can effectively leverage the credit under the new rules and discuss the impact of R&D capitalization on cash flow. At the end of the webinar, you will have a clear understanding of how to navigate the changes to the R&D credit rules and how to use the R&D tax credit and R&D capitalization to benefit your client's business. 

Learning Objectives: 

• Identify qualifying activities for the R&D tax credit


• Determine how the R&D credit rules have changed in recent years and how the changes to R&D capitalization will impact businesses


• Design strategies to maximize the benefits of R&D tax credits while staying compliant with R&D capitalization