How to Navigate Amortization of 174 Costs for the Software Industry

This course introduces practitioners to the amortization of research & experimental costs for federal income tax purposes. The relationship of expense amortization to the research tax credit and other cost capitalization/tracking rules will be developed. Other TCJA changes to research-related provisions of the Code will be discussed.

After this course, the practitioner will be able to:

• Identify taxpayers subject to R&E Expense Amortization
• Calculate the impact of amortization on the research credit
• Discuss with clients the impact of R&E Expense Amortization on the software industry