Money Maker: Manufacturers & The R&D Credit
For many manufacturers, innovation was fast-tracked due to the COVID-19 pandemic. And while the country is well into “back to business” mode, the rapid pace of change shows no signs of slowing down. To stay ahead of the competition, you must continue to invest and adapt just as quickly.
Join us as we discuss the benefits of the Research and Development (R&D) tax credit, what activities qualify, and success stories from the manufacturing front lines. This powerful tax savings strategy can be a significant cash flow booster and one you should take full advantage of.
Even if you are already claiming R&D credits, you won’t want to miss our discussion on the critical importance of proper processes and documentation to ensure you aren’t leaving money on the table.
After attending this webinar, attendees will be able to:
- Understand the benefits of the R&D credit
- Identify qualifying activities
- Track qualifying expenses for maximum benefit
About the Presenters
Darren Welker, CPA, CIA | Managing Director, Manufacturing & Distribution Group
Working in the industry for over 20 years, Darren has collaborated with clients at various phases of their growth from start-up through global expansion. Recognizing the unique and ever-changing landscape of manufacturing and distribution, Darren stays abreast of emerging trends and provides sound recommendations that allow clients to make more impactful decisions.
Tom specializes in customized planning that increases tax efficiency by considering the unique big-picture needs and goals of each client. Working closely with companies, Tom outlines steps to minimize taxes, identify alternatives, and understand tax implications and structure transactions.
Jennifer leads clients through the complex world of federal, state and international taxation of corporations, partnerships and individuals. Additionally, she provides tax research, consultation, and compliance in the areas of accounting methods, international tax, multi-state taxation, tax credits, depreciation, entity selection and structure, and overall strategic tax planning and advisory services. In short, she knows a thing or two about taxes.