Date: Wednesday, July 17, 2013
Time: 2:00 PM ET / 1:00 PM CT / 12:00 PM MT / 11:00 AM PT
Objective: This presentation will give CPAs the tools to expertly advise their clients and prospects on this valuable benefit that enables businesses to be more successful in their marketplace.
Field of Study: Tax
Program Level: Basic
CPE Credit: 1 Credit Hour
No advanced preparation or prerequisites are required for this course.
This presentation will last one hour.
Regulatory industry veteran Brian Lefever removes the cloak surrounding IRC § 41 to reveal untapped profitability for your practice. The Research and Experimentation Tax Credit that incentivizes innovation in American industry is a lucrative opportunity to both better service your clients and build your book of business. But both business owners and financial experts are often daunted by IRS scrutiny of this incentive and the burden of proof necessary to claim the credit. This presentation will give CPAs the tools to expertly advise their clients and prospects on this valuable benefit that enables businesses to be more successful in their marketplace. Lefever unveils the complexities commonly associated with identifying, documenting and recording qualified research activities and explain best practices for managing calculation methods.
Brian Lefever is a licensed engineer who spent 15 years in heavy construction, working in the trenches with American industry. In 2006 he leveraged his operations expertise to build Titan Engineering Professionals, a consulting firm that specialized in software solutions that offered manufacturers an edge. Watching the global marketplace become more competitive, Lefever was the driving force behind the creation of Titan Armor, a documentation platform that now empowers CPAs across the nation to secure valuable R&D tax credits for their clients. Since 2008, Brian and his team have become the eyes and ears of the regulatory industry, spending thousands of hours coaching IRS agents and educating professionals on R&D regulations, opportunities and audit defense.