Tax Incentives for Engineer Designs - No PDHs
Webinar / 12pm-1pm / Free to NYSSPE Members / $25 Non-Members
September 01, 2022

September 1, 2022 / 12:00pm to 1:00pm
Cost:  Free to NYSSPE Members / $25 Non-Members

By: R&D Tax Savers

This course will cover tax incentives (namely the R&D Tax Credit and EPAct 179D) for engineering designs and major recent updates to these incentives.  The R&D Tax Credit is available for engineering firms engaged in technical design and development activities, and EPAct 179D tax deductions are available for energy-efficient building designs.  Both of these incentives are now permanent and expanded with new provisions that enable more companies to utilize them.  Learn how firms can utilize these incentives to improve profitability and cash flow. 

Course Objectives: 

•         The basics of the R&D Tax Credit and EPAct 179D and recent legislation updates

•         The various tests that must be met to claim each incentive

•         What type of projects and activities qualify under each incentive

Speaker: Raymond Kumar

Raymond Kumar, CPA is a Tax Manager at Energy Tax Savers/R&D Tax Savers. He has a Bachelor of Business Administration in Accounting from Adelphi University and a Master of Business Administration from the NYU Stern School of Business, and is a Certified Public Accountant in the State of NY. He is the co-author of numerous articles related to the Energy Policy Act of 2005 and R&D Tax Credit, and has presented these topics at numerous seminars and conferences. He was previously at Ernst & Young, working on R&D tax credit engagements for numerous Fortune 500 companies.