Year-End Tax Planning Strategies for Technology Companies

Relatively new rules around research and experimentation costs have had a notable impact on early and growth stage technology companies, sending many into a newly taxable income position. Join two of Cherry Bekaert’s Technology Tax Partners to learn more about what companies in this position should do to mitigate the impact of those rule changes as well as plan strategically for 2024.

They discuss:

• Two ways to approach Section 174 Research & Experimentation computations
• What the decrease in bonus depreciation means for technology companies
• Areas often overlooked in tax planning such as state & local tax, state and federal credits & incentives, and international tax

Related Guidance

• State Income Tax Challenges in a Technology World
• Section 174 New Requirements and Its Impact on Technology Companies
• Qualified Small Business Stock for Tech Companies: Unlock Tax Benefits
• Section 174 Research & Software Development Costs – A Guide to Compliance