DESCRIPTION
Thanks to the Cares Act, taxpayers have had access to certain tax breaks which were designed to help businesses and their employees make it through the Pandemic. This session will highlight those temporary credits and incentives that are still in play, as well as look at others that are a permanent part of the tax code and can help put money back into your clients’ businesses for years to come.
Learning Objectives:
- Get the latest updates on the Employee Retention Credit and why there’s still time to apply
- How hiring certain segments of the work force qualify employers for the Work Opportunity Credit and why application timing is critical
- Understanding misconceptions around the R&D Tax Credit and the importance of having a “better late than never” attitude when it comes to identifying clients who may qualify. Discussion of changes and new developments in R&D Tax Credit filings
- Learning the similarities and differences between two incentives that reward energy efficiency: the 179D energy efficient commercial building deduction and the 45L energy efficient home credit claim
- Learning about the value of cost segregation and which type of commercial properties are the best targets
Who Should Attend?
- CPAs
- EAs
- Managing Partners
- Tax Partners and Tax Attorneys
- Tax Managers
Credits & Other Info:
Session Duration: 100 Minutes
Session Prerequisites and preparation: None
Session learning level: Introductory
Delivery method: Group Internet Based
NASBA and IRS Credits : 2 Tax Hours
IRS CE Provider #: DFFSC
NASBA Sponsor #: 138804
