How Tech Startups Can Offset Payroll Costs With the R&D Tax Credit

Missed our live webinar? Watch the replay of our 30-minute jam-packed session to learn how your tech startup can unlock up to $500,000 to cover payroll costs using the R&D Tax Credit. This credit allows eligible startups to free up cash flow to reinvest in talent and innovation by offsetting their payroll taxes. Webinar Highlights: 🔹 Basics of the R&D Tax Credit 🔹 Eligibility criteria for startups 🔹 Step-by-step process to claim and maximize your credit 🔹 Best practices for optimizing tax savings Don’t leave money on the table! Learn how to reduce your burn rate, extend your runway, and fund your workforce with this powerful tax incentive. 📌 Have questions? Drop them in the comments or reach out to our team for personalized guidance. Timestamps: 0:00 Intro 2:32 R&D Credit Overview 3:35 R&D Credit - Payroll Tax Offset 6:50 What is eligible? 7:42 Credit Amount 10:02 The Four-Part Test 13:23 Eligible Expenses - QREs 16:06 R&D - Things to Watch Out For 18:04 Timeline of New Disclosure Requirements 18:57 Changes to 6765 20:10 Detail of Additional Reporting 24:42 What can Clients do to prepare? 26:40 Section 174 - Legislative Update 27:34 What is “Section 174” of the Tax Code? 28:35 R%D Deduction Section 174 vs. R&D Credit Section 41 29:10 Possible Changes for Section 174 ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ Good business makes an impact — on companies, communities, and people. We’re accountants, consultants, and experts in good business. At Sensiba, we use deep industry experience to help the people in organizations solve problems, navigate complexity, and build a foundation for sustainable growth. As a Certified B Corp, we foster a culture where people and families thrive. Our accountants, business consultants, tax experts, audit and assurance, tax, consulting, sustainability, and software services focus on outcomes over process, connecting our work to its effect on real people and their business goals. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ SERVICES FOR GROWING ORGANIZATIONS: 🔹 Audit and Assurance 🔹 Consulting 🔹 Risk Assurance 🔹 Sustainability 🔹 Tax 🔹 Technology Every industry has specialized needs and challenges, and our teams know the business and regulatory issues that are important to you. They have the industry experience you need to address them. INDUSTRIES WE SERVE: 🔹 Agribusiness 🔹 Construction 🔹 Manufacturing and Distribution 🔹 Real Estate 🔹 Restaurant and Hospitality 🔹 Technology 🔹 Venture Capital ℹ️ LEARN MORE: http://Sensiba.com ☑️ SUBSCRIBE:    / @sensiba   SOCIAL MEDIA: 🔹 LinkedIn -   / sensiba   🔹 Instagram -   / sensiba_llp   🔹 Facebook -   / sensiballp   #Sensiba #AccountForGood #Accounting #BusinessAdvisory #Accountants