Best Practices for a successful R&D Tax Credit

Presented by Jason Massie and Peter Green

This full-day seminar focuses on the latest developments impacting the research and development tax credit under IRC section 41 and best practices for claiming and documenting the research credit and defending research credit claims on audit. Leading practitioners and thought leaders will review current issues being raised by the Internal Revenue Service and regulations recently proposed and issued by the Treasury Department regarding the research credit and the impact that these recent developments will have on taxpayers. This technical program will include sessions on recent legislative, regulatory, and administrative research credit developments; the impact of the 2015 extenders legislation; the qualified research determination under section 41(d) and recent cases impacting that determination; the recently issued section 174 regulations and their impact on qualifying prototype development costs; the recently proposed internal use software regulations and categories of eligible software-related activities and expenses; best practices and processes for identifying and documenting qualifying expenses; in-house perspectives on managing the research credit; best practices for defending claims in audit and resolving controversies in Appeals; and Q&A with questions posed by attendees. This seminar should be valuable to tax department employees responsible for claiming the research credit and managing claims on audit and service providers who handle research credit issues for clients