Webinar: The Latest Developments in R&D Tax and How to Make the Best of Them

The repeal or postponement of the Tax Cuts and Jobs Act (TCJA) changes to IRC §174 has not come as many had hoped. As part of the TCJA, §174 was changed to:

• Require amortization of R&D costs under §174
• Include software development in §174

Companies that have not historically been paying tax may find themselves needing to based on these changes, at the risk of penalties and interest. However, there are positive aspects to these changes as well that will help tax departments create an internal R&D credit process that is defensible, cost effective, lucrative, and – most importantly – highly efficient.

In this one-hour webinar, GTM’s Jonathan Forman provides an overview of these changes and opportunities, and will explain:

• The new §174 Research and Experimentation requirements
• Implications to §41 R&D Tax Credits, and
• How tax departments can benefit from changes to Section 174, including automating future §174 R&D and §41 R&D credit calculations.