Section 174: New Rules for Research & Experimentation
Available Until
On Demand Only
1.00 Credits
Member Price $29.00
Non-Member Price $42.00
Overview
This program addresses the most recent developments impacting taxpayers incurring research and experimentation costs. Emphasis will be placed on compliance with the 2022 change in Section 174 Amortization of research and experimental expenditures.
Highlights
- Discussion of the impact of the Section 174 law change requiring capitalization of research and experimental costs.
- Comparison of the Section 41 R&E credit to the Section 174 R&E deduction.
- Financial accounting for R&E costs.
- Required change of accounting method and Form 3115.
- Revised treatment of software development costs.
- Comprehensive case problems explaining implementation of the law changes.
Prerequisites
Basic Tax Knowledge
Designed For
CPAs in public practice and industry seeking an update on the latest tax developments affecting research and experimental costs.
Objectives
- identify recent changes affecting the deduction of research and experimental expenditures.
Preparation
None
Non-Member Price $42.00
Member Price $29.00