Dental Boardroom Podcast

Blog By:
Practice Orbit

Excerpt

Is a salesperson trying to talk you into claiming an R&D tax credit? It’s tempting to trust a pitch like this and leverage research and development to reduce your tax liability. Listen in as Andre Shevchuck explains when it’s appropriate to claim the R&D tax credit for your dental practice—and when it isn’t!

Email Promo Guest

Is a salesperson trying to talk you into claiming an R&D tax credit? 

It can be tempting to trust a pitch like this and leverage research and development to reduce your tax liability.

But how do you satisfy the IRS’s criteria for the R&D tax credit? What documentation do you need? And what happens if you get audited?

On the latest episode of the Dental Board Room Podcast, I sit down with host Wes Read to discuss the four criteria for claiming the R&D tax credit and explain how it’s calculated.

I describe what the IRS can do to discredit a claim, challenging business owners to exercise caution before you let a salesperson talk you into taking the R&D tax credit.

Listen in for insight on mitigating your tax liability without abusing the system and learn when it’s appropriate to claim the R&D tax credit for your business—and when it isn’t!

Social Blurbs Guest

Twitter – 

Enjoyed the opportunity to discuss the #R&D #taxcredit on the #DentalBoardRoom #Podcast! Listen in on my conversation with Wes Read and learn how to identify, document and defend your R&D tax credit claims.

Other Platforms – 

Honored to sit down with host Wes Read @PracticeCFO on the #DentalBoardRoom #Podcast! Listen in as we discuss the 4 criteria for the #R&D #taxcredit and learn how to document your claim in a way that satisfies the IRS.

Social Blurbs Host

Twitter – 

Is a salesperson trying to talk you into claiming an #R&D #taxcredit? Listen in as Andre Shevchuck @BPMCPA explains when it’s appropriate to claim the R&D tax credit for your #dentalpractice—and when it isn’t! #DentalBoardRoom #Podcast

Other Platforms – 

Is a salesperson trying to talk you into claiming an #R&D #taxcredit? It’s tempting to trust a pitch like this and leverage research and development to reduce your tax liability. Listen in as Andre Shevchuck @bpmllp explains when it’s appropriate to claim the R&D tax credit for your #dentalpractice—and when it isn’t! #DentalBoardRoom #Podcast

Email Promo Host

Is a salesperson trying to talk you into claiming an R&D tax credit for your dental office? 

It can be tempting to trust a pitch like this and leverage research and development to reduce your tax liability.

But how do you satisfy the IRS’s criteria for the R&D tax credit? What documentation do you need? And what happens if you get audited?

On the latest episode of the Dental Board Room Podcast, Andre Shevchuck, Partner at BPM, joins us to discuss the four criteria for claiming the R&D tax credit and explain how it’s calculated.

Andre describes what the IRS can do to discredit a claim, challenging dentists to exercise caution before you let a salesperson talk you into taking the R&D tax credit.

Listen in for insight on mitigating your tax liability without abusing the system and learn when it’s appropriate to claim the R&D tax credit for your dental practice—and when it isn’t!

Quotes

Andre—

“When you're attempting to develop or improve your business component, there has to be an element of technical uncertainty or challenges that you're faced with in regards to your capability or the method you're going to use to find the most appropriate design to achieve your goal.”