Section 174: Lessons learned and key implementation considerations
LIVE WEBCAST | May 09, 2023
Authored by RSM US LLP
Event overview
Under new section 174, specified research and development expenses must be capitalized and amortized over a five- or 15-year period (depending on where the research takes place), beginning in the year the expenses are paid or incurred. Regardless of bipartisan support, under the current divided government, Congress lacks a clear path to modify these required capitalization rules.
Changes in the tax law to require mandatory capitalization of R&D expenses will significantly affect the taxable income posture of many taxpayers. Join us for a webcast where RSM tax professionals Dave Kautter, Justin Silva, Christian Wood and Danielle Kaufman will cover material that will help your organization understand the impact of this law change so you can prepare properly.
Additionally, we will cover other relevant topics:
- Insights into the policy dynamic on Capitol Hill pertaining to section 174
- Lessons learned through timely/accelerated filing and extensions
- Key industry considerations
Presenters
- Dave Kautter | Partner | RSM US
- Dave Kautter, RSM’s federal specialty tax leader, oversees?the firm’s?federal?specialty tax services?in collaboration with regional and national practice leaders?and?fellow members of?the firm’s tax leadership team.
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- Justin Silva | Partner | RSM US
- Justin Silva has over 13 years of experience in accounting methods, and serves as a regional practice leader for RSM US LLP’s credits, incentives and methods practice.
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- Christian Wood | Principal | RSM US
- Christian Wood leads RSM’s Washington National Tax practice for accounting credits, incentives and methods. He specializes in helping clients navigate complex tax environments to execute informed business decisions while championing cross-communication and collaboration to achieve the best possible outcomes.
- View full bio >
Recording and slides
Event details
- Date and time
- Tuesday, May 09, 2023
- Recorded, watch anytime
- Intended audience
- Tax executives, finance executives and CEOs
- Duration
- 60 minutes
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Source: RSM US LLP.
Reprinted with permission from RSM US LLP.
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