Expanding the R&D Tax Credit: A Key to Successful Corporate Tax Reform
Join a panel of key thought leaders and tax practitioners assembled by The Knowledge Group as they bring the audience to a road beyond the basics of Research and Development (R&D) Tax Credit. The speakers will delve into an in-depth analysis of the most recent reforms and developments affecting R&D tax credit. They will also scrutinize how R&D tax credit expansion could affect the general corporate tax area, as well as its significance to the rapidly increasing global competition.
In a LIVE Webcast, the speakers will discuss:
- Overview of the R&D Tax Credit
- The Tax Cuts and Jobs Act: Its Implications
- Corporate Tax Rate Reduction
- Repeal of the Corporate AMT Tax
- Important Outlook
William R. Kuhlman, Tax Partner
- Introduction, what's new etc.
Mike Woeber, President and Co-founder
Corporate Tax Advisors, Inc.
- The impact on different industries and the financial cost of failure
Michael Silvio, Director of Tax Services
Hall & Company
- Overview of the R&D Credit: definitions, qualifications, methodologies, etc.
- How can pass through entities tax advantage of the R&D Credit under the TCJA?
- How will the repeal of the corporate AMT impact credit usage for C corporations?
- Sec. 199 and NOL changes make R&D credits more valuable now.
- R&D expenses must be capitalized effective for tax years beginning after 12/31/2021.
- Due to new tax rates, R&D credits become more valuable due to change in reduce credit 280C(c)(3) rates.
- With the discussion of taxpayers considering changes from S-corporations to C-corporations, what happens to existing R&D credits?
- Retention of Eligible Small Business and payroll tax offset relating to R&D credits.
Who Should Attend:
- Qualified Research Companies
- Tax Attorneys
- R&D Eligible Companies
- Tax Credit Professionals
- Tax Directors
- In-house Counsel
- Tax Advisers
- Tax Consultants
- Tax Practitioners
- Tax Compliance Officers
- Public and Private Sectors
- Other Related and Interested Professionals
William Kuhlman is a tax partner in Marcum’s Philadelphia office and is Marcum’s Research and Development Tax Credits leader. Mr. Kuhlman has spent over 20 years consulting with middle-market U.S. corporations and was instrumental in the success of national, regional and boutique R&D tax consulting practices.
His prior work experience includes three years as a federal tax services director with a New York City accounting firm that was subsequently combined into Smart Devine. At the predecessor firm, he developed a specialty R&D tax credit incentives practice. Mr. Kuhlman was responsible for accumulating approximately $50 million in R&D tax credits for clients including multinational companies.
He also held leadership roles at other national and regional R&D professional service firms. Mr. Kuhlman has 30 years of progressive tax experience and more than 20 years of R&D tax credit specialization.
William Kuhlman is a tax partner in Marcum’s Philadelphia office and is Marcum’s Research and Development Tax Credits leader. Mr. …
Mike began his career with Ernst & Young in Birmingham, AL. While there, Mike was part of the auditing and accounting group. He focused on financial statement audits of publicly traded manufacturers, technology and healthcare companies. After two years in audit Mike joined E&Y’s tax group and moved to their Huntsville, AL office. He began advising privately held businesses on accounting and tax matters. This included financial statement audits, business tax preparation and individual tax preparation. Mike left E&Y as a Manager in Tax.
Mike then joined B&N, Inc. a leading-edge provider of specialized accounting services to aerospace and defense contractors. While there Mike developed an expertise in tax planning for companies that develop technologies for U.S. government agencies. He worked exclusively in two areas, mergers & acquisitions and research tax credits. In 2000, Mike became a Partner in B&N and was tasked with growing a specialized tax practice. Mike started an M&A group that has advised on more than 40 transactions involving the sale or purchase of companies. Given the high technology client base of B&N, Mike formed B&N’s research and development tax credit group. During his last 7 years with B&N, Mike focused on this group. It quickly grew to be a major component of B&N’s tax practice. Over a ten year period, the research credits obtained for clients exceeded $12M. Mike is also a frequent speaker on the benefits of the research credit.
In 2014, Mike and a group of associates formed Corporate Tax Advisors, Inc. Mike was named President of CTA. The company is not a traditional CPA firm, but a specialty tax consulting firm. CTA is a nationwide research & revelopment credit firm and a thought leader in the architectural, engineering and software, and manufacturing industries. Mike focuses solely on assisting companies in identifying potential tax credits and unique tax strategies. These include research & development, 179D energy deductions, and cost segregation
Mike and his wife Marnie have four children and live in Huntsville, AL. Mike enjoys golf, water sports, and outdoor activities. He is a member of the AICPA and ASCPA since 1993. Additionally, Mike is an Eagle Scout and an assistant scoutmaster with his Boy Scout Troop.
Mike began his career with Ernst & Young in Birmingham, AL. While there, Mike was part of the auditing and …
Mike is the Director of Tax Services at Hall & Company. He has more than 28 years of experience in public accounting and tax and has served a variety of businesses in the high-technology, consumer product, software, biotech, life science, healthcare, manufacturing, construction, professional service and not-for-profit industries.
He also has experience in the tax credits and incentives area. He is a nationally recognized leader in the Federal Credits and Incentives Tax specialty. He has conducted over 450 research credit studies for numerous companies in various industries, and has served as a representative before the IRS and state taxing authorities to support and defend numerous research credit claims for taxpayers. Mike has consulted on many other tax incentives related to domestic production, accounting methods, federal and state grant programs, and energy/“green” tax incentives including energy efficient building incentives. Mike has assisted clients in savings millions of tax dollars with the above incentives.
He also has experience in financial accounting, reporting and management, auditing, and individual and business income tax. Mike has supervised compilations, audits and reviews for various clients, including small and medium sized businesses. Mike also has extensive experience in providing income tax planning, consulting and compliance services. He has also assisted individual income tax planning and has been involved in wealth transfer strategies by transferring business ownership to the next generation, thereby saving the client substantial estate tax. Over the course of his career, Mike has also been involved in the following areas: Tax Compliance, Corporate and Individual Tax Consulting and Planning, Estate Planning and Consulting, Tax Credits and Incentives Consulting-Federal and State, Corporate wide accounting policies and procedures, Corporate and organizational development, Contract negotiations, M&A assimilation and seller and buyer tax due diligence
Prior to joining Hall & Company, Mike was a Managing Director at CBIZ MHM, LLC for 7 ½ years in Irvine, California and led the firm’s National Federal Credits and Incentives Practice. Prior to that, Mike was a tax partner at McGladrey and spent 18 years with McGladrey, working in both the Irvine and Pasadena offices.
Throughout Mike’s career, he has authored several publications and conducted numerous presentations on current tax legislation, research and development tax credit issues and other tax related business incentives (The Tax Advisor, AICPA, ProVisors, San Diego Business Journal, & CFO.com). He has also given numerous presentations on such topics as: current tax legislation, research and development tax credit issues and other tax related business incentives for the following organizations:
- California Society of CPA’s
- American Bar Association
- Young Presidents’ Organization
- Seattle Business Journal’s Manufacturing Conference
- National Association of Manufacturers, Washington, D.C.
- R & D Credit Coalition, Washington, D.C.
- University of California, Irvine
- San Diego Venture Capital Roundtable
- Construction Financial Management Association (CFMA) Conference
Mike is the Director of Tax Services at Hall & Company. He has more than 28 years of experience in …
Print and review course materials
Method of Presentation:
On-demand Webcast; Group-Internet Based
Experience in tax laws
NY Category of CLE Credit:
Areas of Professional Practice
NASBA Field of Study:
Taxes - Technical
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About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity funds and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services.
About Corporate Tax Advisors, Inc.
Established in 2014 with Corporate Headquarters in Huntsville, Alabama, CTA provides specialized tax solutions directly to businesses as well as to clients of CPAs. The three founders have all worked in the R&D industry for over 15 years as CPA-firm tax partners, business development managers and client relationship managers. Their prior experience made them realize that clients demand more in-person service as well as a fair return on their investment in R&D studies. This led them to form CTA with the goal of delivering R&D studies in a way that differentiates them from their competitors. By focusing exclusively on Federal and State Tax incentives that complement your traditional tax and accounting team, they always deliver quantifiable benefits to clients.
The firm also provides access to their knowledge base and relationships with experienced industry leaders. They help determine which tax benefits help clients and stay committed to handling each relationship with care and diligence. The ability to work seamlessly with your team is the reason so many tax professionals and businesses across the nation utilize our expertise.