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Section 174 R&D Capitalization: New IRS Guidance

SECTION 174 R&D CAPITALIZATION: NEW IRS GUIDANCE

Cost Free
Presentation Length 1.0 hour

Recorded DateJanuary 25, 2024
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

One of the toughest things this year we have faced as practitioners has been figuring out what to do with the changes to section 174. This is an issue that has created much havoc for clients, but at least there is some clarity now on how to treat these expenditures and a little relief in the guidance.

Join this webinar for updates on the new guidance and best practices for you and your clients.

Learning Objectives:


  • Outline what was in the new IRS guidelines and how to interpret this for your clients

  • List the ways that the guidance was favorable for many clients in unclear situations

  • Identify internal use software and how to utilize this to reduce the capitalized amounts

  • Determine which forms must be filed in order to properly report these expenses on your client's tax returns

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Crystal Stranger holds a Juris Doctor of Law degree, is an Enrolled Agent (EA), EOS Integrator, and Senior Tax Director and CEO of OpticTax.com. Bringing over 20 years of finance, accounting, and leadership experience she enjoys helping startups stay focused on the big picture objective while maintaining an eye to the details and performing realistic risk assessments.

About Our Presenter

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Cleer provides accurate, affordable, and efficient bookkeeping and tax services for US businesses and subsidiaries to help entrepreneurs do it right from the start. Cleer was launched to newly-formed businesses needing bootstrapped tax and bookkeeping to fit their budget and growth stage, and has grown over 5 years, 5 continents, and more than 3,000 Clients. Our tech-forward team is more streamlined with our paperless process to provide next-level results for your startup. Cleer also offers Delaware Franchise Tax Annual Reports, tax consultations, representation, R&D Tax Credits and other specialty consulting and compliance services, based on the unique needs of your business.