BarbriSFCourseDetails
  • videocam Live Online with Live Q&A
  • calendar_month November 4, 2025 @ 1:00 p.m. ET./10:00 a.m. PT
  • signal_cellular_alt Intermediate
  • card_travel Tax Preparer
  • schedule 110 minutes

R&E Expenditures After OBBBA

Deducting Unamortized Costs and Maximizing the R&D Credit

$197.00

This course is $0 with these passes:

BarbriPdBannerMessage

Description

Highly anticipated modifications to the deductibility of R&E expenditures were incorporated in the OBBBA. Legislative changes now allow for the immediate expensing of R&E costs beginning Jan. 1, 2025. These modifications replace the capitalization and amortization requirements under IRC Section 174 and allow taxpayers to elect to deduct unamortized domestic R&E expenditures from the prior periods in the first taxable year after Dec. 31, 2024, or ratably the first two taxable years after Dec. 31, 2024. 

Eligible small businesses can retroactively deduct prior unamortized costs for years 2022-2024. To benefit from this retroactive election, eligible small businesses must amend returns for the applicable years. The revised treatment of R&E costs will be considered a change in accounting method.

Decisions surrounding R&E expenditures have always been complicated. Along with new considerations for past expenses, taxpayers must decide, as before, whether to elect an R&D credit reduction to avoid the required credit addback under Section 280C for current costs. Understanding the opportunities afforded under OBBBA and the long-standing qualifications and reporting requirements for R&E deductions and credits is essential for taxpayers and their advisers. 

Listen as our panel of astute federal tax advisers explains the time-sensitive, tax-saving actions required by businesses now that full expensing of R&E costs is allowed under the OBBBA. 

Presented By

Jake Gentile
Senior Manager
Brady Ware

Mr. Gentile specializes in tax and business advisory services, with an emphasis on tax compliance. Since joining the firm in 2017, he has demonstrated expertise across various areas, including federal compliance, multi-state taxation, pass-through entities, and individual tax planning. Mr. Gentile's client portfolio encompasses diverse industries such as dealerships, real estate, construction, and alternative investment management. His holistic approach ensures clients receive tailored solutions to navigate intricate tax landscapes effectively.

Jonathan Tucker
Principal
KBKG, Inc

Mr. Tucker is based in Atlanta, GA, and has over 18 years of experience providing federal business tax advisory services, primarily in R&D tax credits and fixed asset/cost segregation reviews, to clients in various industries including technology, manufacturing, transportation, healthcare, retail and consumer products, hospitality, media and entertainment, financial, and other professional services industries. Prior to joining KBKG to lead the southeast region, he spent four years at EY as a senior manager in their business tax advisory group, and prior to that, spent 11 years at PwC as a director in their specialized tax services group. At both EY and PwC, Mr. Tucker provided support to clients with implementation of specialized tax consulting projects including research and development tax credit studies, tangible property capitalization, section 199 deductions, meals and entertainment studies, cost segregation studies, transaction cost analysis and various tax accounting methods, including revenue and expense recognition. Mr. Tucker primarily works in the research and development tax credit, capitalization, cost segregation, and meals and entertainment areas. He is involved with consulting, technical review, training, project management and representation before the IRS.

Credit Information
  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

Date + Time

  • event

    Tuesday, November 4, 2025

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

I. R&E expenditures after OBBBA: introduction

II. Amended returns

III. Two-year spread

IV. Qualifying expenses

V. Qualifying activities

VI. Section 280C election

VII. Form 6765, Credit for Increasing Research Activities

VIII. Planning scenarios

The panel will cover these and other critical issues:

  • Choosing between the two-year spread and amending returns after OBBBA
  • When to elect the IRC Section 280C credit reduction
  • Meeting OBBBA's small business requirements
  • Preparing Form 6765, Credit for Increasing Research Activities

Learning Objectives

After completing this course, you will be able to:

  • Identify small businesses eligible to amend prior tax returns to claim previously capitalized R&E costs
  • Determine how to report R&D credits on Form 6765
  • Decide when to elect the reduced credit under Section 280C
  • Ascertain changes made to Section 174 deductions by the OBBBA
  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of pass-through taxation, including taxation of partnerships, S corporations and their respective partners and shareholders.


BARBRI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

BARBRI CE webinars-powered by Strafford-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .