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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


  • Danielle Kaufman | Partner | RSM US
  • Justin Silva | Partner | RSM US
  • Christian Wood | Partner | RSM US
  • Danielle Kaufman | Partner | RSM US

Learning objectives

By the end of this presentation, participants will be able to:

  • Summarize the potential impact that section 174 will have on businesses
  • Describe avenues to prepare for the law change
  • Identify industry-specific activities that might be affected by section 174

CPE credits

CPE credit available

RSM US LLP is pleased to offer 1.0 CPE credits for attending each webcast. To qualify, you must log in to the webcast and provide your first name, last name and email address. You must remain logged in for a minimum of 50 minutes and answer 75 percent of the polling questions to receive credit. Group CPE is not available. For more information regarding administrative policies, such as refunds, cancellations and complaints, please contact us.

RSM US 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 Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Advance preparation: None | Program level: Basic | Prerequisites: None | Delivery method: Group internet-based

Field of study: Taxes | CPE: 1.0 credits per webcast

Event details

Date and time

Tue, May 09, 2023

2 p.m. EDT / 1 p.m. CDT

Intended audience

Tax executives, finance executives and CEOs


60 minutes

CPE credits

One CPE credit will be issued to eligible participants



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This article was written by RSM US LLP and originally appeared on 2023-05-09.
2022 RSM US LLP. All rights reserved.

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