Webinar On IRS Section 174 Impact On SBIR/STTR Awards (Virtual) (NC Military Business Center)
Join us for an insightful webinar discussing the tax implications of managing SBIR/STTR awards in light of the recent IRS Section 174 updates. Learn how these changes, introduced in the Tax Cuts and Jobs Act of 2017, affect the amortization of R&D expenses over a five-year period, replacing the previous immediate deduction policy.
This session is crucial for small businesses with SBIR/STTR awards, R&D grants, and contracts. Topics include:
- Understanding the scope of Section 174 and affected research activities.
- Analyzing software development costs.
- Identifying impacted contract research agreements.
- Tax implications for Section 174 property.
- Common misconceptions and clarifications.
Ideal for startups and companies engaged in early-stage technical R&D, as well as those seeking non-dilutive funding for research and product development.
Don’t miss this opportunity to gain valuable insights from a leading accounting firm. Register now to secure your spot in this informative session!