Claiming the R&D Tax Credit: IRS Rules, Substantiation of QRAs and QREs, Offsetting Payroll Tax, AMT Liabilities
A live 90-minute premium CLE/CPE video webinar with interactive Q&A
This webinar will provide tax counsel and advisers a thorough and practical guide to Section 41 Research and Development (R&D) Income Tax Credits. The panel will identify activities treated as qualified research activities (QRAs), offer guidance on documenting and claiming the credit, outline strategies to allocate employee activities to QRAs, and other key items for using R&D Income Tax Credits and the IRS's approach to auditing R&D Income Tax Credits.
- Overview of Section 41 R&D credit
- Determining QRAs
- Sampling and allocation methods
- Documentation and substantiation of credits
- Applying for credits against AMT or payroll tax liability
- IRS approach to auditing R&D tax credits
The panel will discuss these and other important topics:
- The four-part test to determine whether an activity can be considered a QRA for purposes of claiming a Section 41 R&D credit
- Documentation and substantiation requirements
- Sampling strategies for including wage QREs and other indirect costs in the credit calculation
- Best practices for businesses claiming a Section 41 R&D credit
- Recent court cases and rulings
Kreig D. Mitchell, LLM, JD
Mr. Mitchell focuses on various state and federal tax matters and related business and probate matters, including tax... | Read More
Mr. Mitchell focuses on various state and federal tax matters and related business and probate matters, including tax procedural issues, questions about tax attributes, timing, character, and penalties and interest; structuring business and real estate transactions, including buying, selling, leasing, and other transfers and dispositions; tax planning for corporate and flow through entities; partnership tax issues, including partnership agreements and allocations; research tax credit issues, including qualification and funded research analysis. Previously, he worked for the IRS as an attorney and then an appeals officer. He’s led a tax controversy team for a boutique consulting firm, worked in the tax departments for two Fortune 500 companies, and worked for one of the Big Four accounting firms.Close
Cannot Attend July 29?
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include program handouts.