Live event participants can earn up to 1 CPE credit in the Taxes field of study.Program description: The new Section 174 law – which went into effect for taxable years beginning after Dec. 31, 2021 – was enacted as part of the Tax Cut and Jobs Act and potentially impacts all taxpayers.
It’s far-reaching implications for any company that has qualified research expenditures connected to the Research & Development tax credit or costs categorized as Section 174 expenses, such as utilities, lab materials, attorney fees, depreciation, rent, computer supplies, and others, under the revised code and regulations, have become a key topic of concern for many private company leadership teams.
Program level: Intermediate
Prerequisites: Current or past experience with taxation planning and/or implementation issues.
Advanced Preparation: None
Topics to be discussed include:
- Overview of Section 174
- Qualified research expenditures connected to the Research & Development tax credit
- Costs classified as Section 174 expenses
Instructional Delivery Method: Group Internet Based
Who Should Attend: Those interested in learning more about the key concerns around Section 174 and its far-reaching impact, as well as its connection to the Research & Development Tax Credit and method of accounting decisions.
Official NASBA sponsor statement, if an approved NASBA sponsor (explaining final authority of acceptance of CPE credits):
CohnReznick LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State board of accountancy have final authority on the acceptance of individual courses for CPE credits. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
ON-DEMAND
