Mike Woeber, CPA
CEO, Tax Advisor & Accounting Consultant | Corporate Tax Advisors, Inc.
Michael Silvio, CPA
Tax Partner, Recognized Leader in the Federal Credits and Incentives Tax | MGOR&D Tax Credits: Unlocking Potential for Innovation and Success | On-Demand Webinar
Wednesday, March 05, 2025 from 12:00 pm to 1:00 pm (ET)
Overview:
The Research and Development (R&D) Tax Credit is a powerful incentive designed to encourage innovation and drive success for businesses across various industries. By offering significant tax savings, these credits help companies invest in research and development activities, fostering technological advancements and improving competitiveness. Understanding how to maximize these benefits is crucial for businesses aiming to enhance their R&D initiatives and achieve sustainable growth.
Join Mike Woeber, CPA, of Corporate Tax Advisors, Inc., and Michael Silvio, CPA, of MGO, as they provide an in-depth discussion on R&D Tax Credits. The speakers will analyze the latest trends, regulatory updates, and strategies for optimizing credit claims. They will also examine common challenges businesses face in documenting and defending their R&D activities. Additionally, the panel will explore how various industries can leverage these credits to fuel innovation and drive economic success.
Key topics to be covered include:
- Understanding the fundamentals and importance of R&D Tax Credits
- Techniques for optimizing R&D Tax Credit claims
- Navigating the complexities of documenting and defending R&D activities
- Industry-specific strategies for utilizing R&D Tax Credits
- Impact of recent regulatory changes on R&D Tax Credits
Learning Objectives:
- Understand the fundamentals of the R&D Tax Credit and how it provides a dollar-for-dollar tax reduction for U.S. innovation investments.
- Learn the key provisions of IRC 174 & 41, which define and determine the expenses qualifying for the R&D credit.
- Explore the treatment of R&D expenses under IRC 174 in the event of a company merger or acquisition.
- Gain knowledge of Form 6765, including its calculation methods and the updates introduced in the latest version.
Agenda:
Michael Silvio, CPA, Tax Partner, Recognized Leader in the Federal Credits and Incentives Tax, MGO
- R&D Tax Credit Basics – A dollar-for-dollar tax reduction for businesses investing in U.S. innovation.
- IRC 174 & 41 – 174 defines R&E expenses; 41 determines which qualify for the R&D credit.
- IRC 174 M&A – Treatment in the event of a purchase or sale of a company.
Mike Woeber, CPA, CEO, Tax Advisor & Accounting Consultant, Corporate Tax Advisors, Inc.
- Form 6765 – Required to claim the credit, with two calculation methods: Regular vs. Alternative Simplified.
- What’s New in Form 6765 – Explanation of new sections.
- Common Pitfalls – Avoid poor documentation, misclassified costs, and missed payroll tax election benefits.
Who Should Attend:
- Chief Financial Officers
- Tax Professionals
- Accounting Professionals
- R&D Managers
- Financial Analysts
- Compliance Officers
Register for this course by clicking the “Take this Course” at the top of the page.
Credit:
Course Level: Intermediate | Advance Preparation: Print and review course materials
Method of Presentation: On-Demand Webinar; Group-Internet Based
Prerequisite: General knowledge of tax laws
Course Code: 1411320 | NASBA Field of Study: Taxes – Technical
Total Credit:
CPE Credit: 1.00 CPE (Not eligible for QAS (On-demand) CPE credits)
CLE Credit:
CA CLE 1.00 General – Approved Until: 03/05/2027
PA CLE 1.00 General – Approved Until: 03/05/2027
VT CLE 1:00 General – Approved Until: 12/31/2026
NJ CLE 1:00 General – Credits through Reciprocity
NY CLE 1:00 Areas of Professional Practice – Credits through Reciprocity
AR CLE 1:00 General – Credits through Reciprocity
CT CLE 1:00 General – Credits through Reciprocity
NH CLE 1.00 General – Meets the requirements of NH Supreme Court Rule 53
MO CLE 1.00 General – Approved Until: 03/05/2025
Pending CLE Application: GA, TN, WI
Self-Apply: AL, CO, DE, FL, ID, IL, IN, IO, KS, KY, LA, NC, ME, MN, MS, MT, NE, NV, NM, ND, OH, OK, OR, SC, TX, UT, VA, WA, WV, WY
No MCLE Requirements: DC, MD, MA, MI, SD
Not Eligible for CLE: AK, AZ, HA
Instructions for Participating the Live Webinar
-
- Please Register for the course by clicking the "take the course: button if you have not already registered.
- Check Your Email – 24 hours before the webinar, you will receive an email with all necessary instructions, including access details and course materials. This information will also be posted here in this window when it is available.
- Download Course Materials – Course materials will be available for download **24-48 hours before** the live webinar. Be sure to review them in advance. The Link to download is available by clicking the lesson tab.
- Join the Webinar – Follow the instructions in the email to access the live broadcast at the scheduled time.
- Note the Secret Words – During the webinar, secret words will be announced periodically. Please write them down.
- Take the Quiz – After the webinar, click on the quiz link below and enter the secret words to complete the quiz.
- Print Your Certificate – Upon completing the quiz, you will be able to print your Certificate of Attendance, which includes instructions on how to obtain CLE, CPE, or other applicable credits for the course.
- On-Demand Access – The on-demand version of this course will be available 24-48 hours after the live webinar. If you miss the live presentation or need to review the content, you will have access to the on-demand version as an enrolled student. To access on-demand content, click the lesson and follow the instructions.
- Support: If you have any questions, please refer to the email instructions or contact support: support@theknowledgegroup.zohodesk.com.