New Year, New Approaches: R&D Credit Changes for 2024

In this webinar, Cole Marr and Ariane Woods will provide insights into the evolving R&D credit landscape and help you understand the potential benefits.

Webinar Highlights:

- Gain insights into the evolving nuances of R&D tax credit disclosure practices and the strategic implications, including coverage of R&D tax basics and Section 174.
- Stay ahead of the curve by understanding anticipated regulatory changes and their impact on your compliance approach.
- Watch the live Q&A sessions as our R&D specialists to address specific questions.

Timestamp:
0:00 Intro
3:57 Section 174 - Current Legislation Updates
8:26 R&D Tax Credit Overview
9:52 R&D Tax Credit - Payroll Tax Offset
11:49 What is Eligible?
13:34 Credit Amount
14:16 The Four-Part Test
16:04 Excluded Activities
16:52 Contract Qualifications
17:51 Software
20:07 Eligible Expenses - QREs
23:08 Expected Disclosure Changes to the R&D Tax Credit in 2024
23:40 Proposed Changes to Form 6765
32:56 What can clients do to prepare?
37:54 Sec. 174 Capitalization Requirement
38:07 What is "Section 174" of the Tax Code?
39:53 R&D Deduction (174) vs. R&D Credit (41)
42:08 Detail of 174 Expenses

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

Good business makes an impact — on companies, communities, and people. We’re accountants, consultants, and experts in good business. At Sensiba, we use deep industry experience to help the people in organizations solve problems, navigate complexity, and build a foundation for sustainable growth. As a Certified B Corp, we foster a culture where people and families thrive.

Our accountants, business consultants, tax experts, audit and assurance, tax, consulting, sustainability, and software services focus on outcomes over process, connecting our work to its effect on real people and their business goals.

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

SERVICES FOR GROWING ORGANIZATIONS:
🔹 Audit and Assurance
🔹 Consulting
🔹 Risk Assurance
🔹 Sustainability
🔹 Tax
🔹 Technology

Every industry has specialized needs and challenges, and our teams know the business and regulatory issues that are important to you. They have the industry experience you need to address them.

INDUSTRIES WE SERVE:
🔹 Agribusiness
🔹 Construction
🔹 Manufacturing and Distribution
🔹 Real Estate
🔹 Restaurant and Hospitality
🔹 Technology
🔹 Venture Capital

ℹ️ LEARN MORE: http://Sensiba.com

☑️ SUBSCRIBE: https://YouTube.com/@Sensiba?Sub_Conf...

SOCIAL MEDIA:
🔹 LinkedIn -   / sensiba  
🔹 Instagram -   / sensiba_llp  
🔹 Twitter -   / sensiba  
🔹 Facebook -   / sensiballp  

#Sensiba #AccountForGood #Accounting #BusinessAdvisory #Accountants