BEGIN:VCALENDAR
VERSION:2.0
CALSCALE:GREGORIAN
METHOD:PUBLISH
PRODID://NDCP//515617
BEGIN:VEVENT
DTSTAMP:20260429T165934
VTIMEZONE:America/Chicago
DTSTART:20260623T180000Z
DTEND:20260623T200000Z
UID:515617
SUMMARY:Surgent's OBBBA Rules Relating to Research and Experimental Expenditures (REE2)
LOCATION:Webinar
DESCRIPTION:Surgent's OBBBA Rules Relating to Research and Experimental Expenditures (REE2)\n\n06/23/26 01:00 PM CST\n - 06/23/26 03:00 PM CST\Description:\nThe One Big Beautiful Bill Act (OBBBA) made very favorable taxpayer changes to Section 174, which determines the tax treatment of research and experimental (R&E) expenses. OBBBA allowed for the immediate deduction of domestic R&E expenses through the introduction of a new Section 174A and provides mechanisms for transitioning from the recent five-year amortization schedule to an immediate deduction for domestic R&E expenditures. The OBBBA changes offer tax saving opportunities through these R&E expenditures.Objectives:
 Explain the new OBBBA rules relating to this important topic
 Take advantage of R&E tax savings
 Presenters:Mike Tucker, Ph.D., LL.M., J.D., CPABob Lickwar, CPAField of Study:Taxes (2)Major Topics:
 Eligible expenses for the credit
 What activities do not qualify for the credit?
 Differences between credit and deduction
 Revenue Procedure 2025-28
 Immediate deductions starting January 1, 2025
 Deducting domestic R&E paid or incurred in tax years beginning after December 31, 2021, and before January 1, 2025
 Making an election to amortize domestic expenditures
 Elections a small business taxpayer can make
 Options for treating previously capitalized expenditures
 Interaction with the research credit
 Changing accounting methods
 Short tax year ending before July 4, 2025
 \Location:\nWebinar\n\n,
X-ALT-DESC;FMTTYPE=text/html:Surgent's OBBBA Rules Relating to Research and Experimental Expenditures (REE2)<br /><br />06/23/26 01:00 PM CST - 06/23/26 03:00 PM CST<br />Description:<br />The One Big Beautiful Bill Act (OBBBA) made very favorable taxpayer changes to Section 174, which determines the tax treatment of research and experimental (R&E) expenses. OBBBA allowed for the immediate deduction of domestic R&E expenses through the introduction of a new Section 174A and provides mechanisms for transitioning from the recent five-year amortization schedule to an immediate deduction for domestic R&E expenditures. The OBBBA changes offer tax saving opportunities through these R&E expenditures.<br><br><b>Objectives:</b><br><ul>
    <li>Explain the new OBBBA rules relating to this important topic</li>
    <li>Take advantage of R&amp;E tax savings</li>
</ul><br><b>Presenters:</b><br>Mike Tucker, Ph.D., LL.M., J.D., CPA<br>Bob Lickwar, CPA<br><br><b>Field of Study:</b><br>Taxes (2)<br><br><b>Major Topics:</b><br><ul>
    <li>Eligible expenses for the credit</li>
    <li>What activities do not qualify for the credit?</li>
    <li>Differences between credit and deduction</li>
    <li>Revenue Procedure 2025-28</li>
    <li>Immediate deductions starting January 1, 2025</li>
    <li>Deducting domestic R&amp;E paid or incurred in tax years beginning after December 31, 2021, and before January 1, 2025</li>
    <li>Making an election to amortize domestic expenditures</li>
    <li>Elections a small business taxpayer can make</li>
    <li>Options for treating previously capitalized expenditures</li>
    <li>Interaction with the research credit</li>
    <li>Changing accounting methods</li>
    <li>Short tax year ending before July 4, 2025</li>
</ul><br />Location:<br />Webinar<br /><br />,  
PRIORITY:3
TRANSP:TRANSPARENT
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TRIGGER:-PT5M
ACTION:DISPLAY
DESCRIPTION:Reminder
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