R&D Tax Credits: 80% of companies that qualify dont claim!
Every year, companies throw away thousands or even hundreds of thousands of dollars because of simple misunderstandings surrounding the research and development (R&D) tax credit. Despite being clarified and made more accessible than ever, many taxpayers believe the credit doesn’t apply to them, or that they are otherwise ineligible. This costly mistake has led to the credit being woefully underutilized.
Most companies are eligible if they have technical challenges or are improving a product or process. Amendment claims can go back three years and in most situations produce sizable refunds for past R&D activities.
Swanson Reed hosts webinars every week on R&D-related tax incentives.
Title: R&D Refunds Through Amendments
Date: Thursday, May 14, 2020
Time: 10:00am - 11:00am Central Time
Cost: FREE
CE credits: worth one hour
Knowledge Level: Basic*
Field of Study: Taxation
*No previous education, experience or advanced prep needed.
Learning objectives include:
- Understand the R&D Tax Credit legislation
- Identify Qualifying Research Activities
- Define the 4-Part Test
- How to substantiate activities through documentation
- Identify Qualifying Research Expenses
- How to claim R&D refunds through amendments
For any questions, please contact us at techsupport@swansonreed.com.
Due to this program being offered free of charge, there will be no refunds issued.
