CPE Course

Understanding The Changes to IRC 174

Due to a provision of the Tax Cuts and Jobs Act (TCJA), which takes effect for tax years beginning after December 31, 2021, taxpayers must change how they treat R&E expenditures under Section 174. The 2017 Tax Cuts and Jobs Act amended this provision to require that specified research and experimental (SR&E) expenditures are capitalized and amortized but delayed the effective date of this amendment, which applies to tax years beginning January 1, 2022, or later.

This CPE session will, explain the changes to Section 174 and explains its impact on the tax treatment of research and experimental expenditures.

Who Should Attend: This session is recommended for Accountants, CPAs, Tax Preparers, and Other Tax Professionals who want to understand everything about the recent changes to IRC 174.

Participants will learn:

  • What happened with IRC 174 and why

  • Qualification of IRC 174

  • Coordination with IRC 41

  • Compliance & Penalties

To register for this session, fill out the form below and we will send you more info. In order to be awarded the full credit hour, you must be present, registering your attendance and departure on the attendance sheets at the registration desk.

Participants will earn 1.0 CPE credit

Additional Information:

  • Prerequisites: Work experience in one or more of the following industries: Accounting, Finance, and/or Tax.

  • Advanced Preparation: None

  • Program Level: Intermediate

  • Delivery Method: Group Live

  • Field of Study: Taxes

Refunds and Cancellations: No fee will be charged for attending our CPE programs. If a program is canceled, the participant will be notified immediately. Participants will be notified via email. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-647-3920.

Probity Tax Recovery 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 final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org