R&D Tax Credit and Section 174

by | Oct 13, 2026 | Events, Federal Tax, R&D, Section 174, Tax Minimization, Tax News

TaxOps Minimization Partner Mark Dunning reviews claiming the research and development (R&D) tax credit and changing §174 capitalization requirements.

R&D TAX CREDIT

Online Only | 4.0 Credits

Thursday, October 22 | 8:30 AM – 12:30 PM MT

Register

Research & Development Tax Credit and Section 174

TaxOps Minimization Managing Partner Mark Dunning will provide businesses, start ups, and their tax advisers with the basic and intermediary levels of claiming the research and development (R&D) credit, including how qualified research is defined, the various details of the ­credit calculations, and properly supporting or documenting such claim. The §174 capitalization requirements have gone back to how it was previous to 2022; we will discuss all the issues surrounding this change. This course will also highlight IRS examination trends and concerns as well as financial statement aspects of claiming the ­credit.

Learning Objectives:

After completing this course the participant will be able to:

  • Describe financial statement benefit issues. After the presentation, there will be a live question and answer session with participants to answer your questions about these important issues directly.
  • Explain the background of the research and development credit and recent legislation.
  • Discuss the changing §174 capitalization requirements and §280C(c) impact.
  • Define qualified research under statutory and case law.
  • Distinguish and recognize the issues pertaining to internal-use software.
  • Calculate regular and alternative simplified credit, including:
    • Base period;
    • Start-up company rules;
    • Acquisition and disposition application;
    • Controlled groups.
  • Explain the need for contemporaneous documentation.
  • Recognize the role of the Internal Revenue Service, including:
    • Issue management network/Tier I;
    • Examination trends;
    • Pre-filing agreements.

Instructor:

Mark Dunning
Managing Partner, TaxOps Minimization

Mark leads an experienced team in implementing tax-saving projects. He has developed deep technical knowledge of the research credit across all industries, including automotive, engineering, medical, manufacturing and software. Mark has been responsible for the coordination, management and execution of some of the largest research credit studies performed by EY. His work with small and mid-size companies has made him well-versed with the R&D issues they face. He also consults regularly with clients on income tax accounting issues regarding the research credit.

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