Webinar: What you need to know about Section 174

On demand webinar

Thomas Folsom

Home > Insights > Events & Webinars > Tax Update: What you need to know about Section 174

Join us for our latest Tax Update webinar for insight on the latest news regarding Section 174

Webinar Overview:

Cost: Free
Presentation Length: 1.0 hour
Date: September 27, 2023
Time: 12:00 pm CST
CPE Credit: (archived webinars do not offer CPE credits)
Subject Area: R&D tax credit, Section 174, innovation
Course Level: Basic
Who Should Attend: CPAs and/or CPA firms of all sizes


Course Description:

In the ever-evolving landscape of taxation and regulatory compliance, it is essential for businesses of all sizes to stay well-informed and adapt to the latest changes. Section 174 expenses play a pivotal role in reducing tax burdens while encouraging innovation and technological advancement. However, navigating the recent complexities in legislation and maximizing the advantages of Section 174 can be challenging without a clear understanding of the rules and regulations governing it.

When advising your clients on how to navigate US tax credits and deductions, it’s important to stay up to date on the changes to legislation and tax code that offer financial opportunity. In this webinar we will address the following:

  • The typical challenges faced by your clients today
  • Overview of the R&D tax credit and Section 174 and their common misconceptions
  • Review example amortization schedules and case studies for Section 174
  • Recommendations for the best treatment of Section 41 and 174

Learning Objectives:

  • Define the correlation between Sections 41 & 174 expenses
  • Summarize the legislation changes to Section 174
  • Understand how to properly amortize and expense 174 expenditures
  • Understand the 174 Treatment Summary in the pre and post-tax year 2022
  • Define Section 174’s compliance and guidance