Giving You Tax Credit Where Credit is Due - Sponsored by ADP

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Description

Giving You Tax Credit Where Credit is Due - Sponsored by ADP
IRS Program #:X9QQU-T-00909-22-O
CTEC #: 6257-CE-0105
CE: 1 IRS CE credit & 1 CTEC credit for LIVE only
Speaker: Michael A. Smith

Pursuing tax credits like the Employee Retention Tax Credit (ERTC) created by the CARES Act can be complex and takes significant effort to maximize the result. Few small businesses have the time, tools or expertise to identify where they were impacted, determine what the impact was and understand how to calculate the benefit in the face of shifting requirements. Additionally, the Research & Development (R&D) Tax Credits are some of the least claimed and understood tax credits available to small business. There are synergies and challenges to understanding and using both credits during the same tax period.

During this seminar, ADP® will provide:

An overview of the R&D Tax Credit and ERTC

Understanding of the complexities of taking both credits together

Ways to help you identify best fit opportunities for your clients

Discussion on the expenses associated with both credits

Review of new IRS Guidance & Legislative Update

Contributors

Michael A Smith CPA, CGMADirector of Tax, ADP

Michael is a proven leader, certified public accountant and seasoned tax professional with strong traditional income tax compliance, planning and consulting experience spanning nearly three decades. He has served both large and middle market clients with his complementary skill set in big data analytics, accounting, tax compliance, and tax provisions. He also maintain strong skills in budgeting, finance and general operations leveraging current methodologies from professional best practices, educational background and related work experience. He has extensive knowledge in both statutory credits and negotiated incentives for expanding companies nationwide across various industry sectors including an in-depth knowledge of the expanded Research & Development Credit under the P.A.T.H Act of 2015.

Michael actively participates in ADP’s corporate initiative to establish strategic alliances with key business partners to deliver expanded service offerings that are complementary to ADP’s Tax Credit Services business unit. These partnerships includes offerings in research & development credits, property tax, sales & use tax and solar credits. Using new data analytic tools and information, he continues to consult a broad range of industries on opportunities to maximize available tax and financial benefits available to them through statutory credits, grants, and other cash and non-cash incentives.

Thank you

Description

Contributors

Michael A Smith CPA, CGMA Director of Tax, ADP

Michael A Smith CPA, CGMADirector of Tax, ADP