Is your business taking advantage of the R&D tax credit?

If so, you may need to rethink your tax strategy.

Section 174 seems to be on every business and CPA's tax radar. Why? Because expenses that, in the past, were being filed as Ordinary Business Expenses (form 2106) are now required to be Section 174 expenses and amortized over five years (per the latest guidelines as outlined in Rev-Proc 2023-11).

In this webinar, you'll learn:

• Overview of Section 174
• Changes to Ordinary Business Expenses
• Impact on your tax liability
• Recommendations on R&D best practices for Tax Year 2022
• Tax Strategies to help offset your Tax Liability moving forward

Speaker: Robert Stabell

Executive Vice President

Bob began his career with Coopers and Lybrand and continued with Price Waterhouse Cooper (PWC) for over 20 years in the Special Projects division, focusing on the R&D Tax Credit and Specialized International Incentives. Bob joined ABGi USA as Executive Vice President in 2017 and is the International Opportunities Coordinator for ABGi Group in North America. Bob excels in educating tax professionals on tax incentive strategies that will spur growth and innovation for American businesses and is the course administrator for ABGI USA’s NASBA-certified continuing education programs.

Earning his bachelor’s degree from Texas A&M with a double major in Finance and Accounting, Bob has been a CPA and CMA for over 30 years. In 2001 he earned his MBA with honors from the University of Texas Option 2 program.