Naquin called on Tony Renzulli, a Senior Manager in the Accounting Methods and Credit Services Department at KPMG, to talk it through. In this conversation hosted by Lee Stabert, Tony and Heath discuss the changes that Section 174 wrought three years ago, set up the important deadlines for amending returns, and get into Section 280C from the “One Big Beautiful Bill,” and its impacts going forward. If you’re a young company that spends money on R&D, this is a must-listen.
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How Section 174 Changed R&D Taxes: What Startups Need to Do Before Filing
Heath Naquin did a double take. Did the complicated tax changes he was reading through really mean what he thought they meant for the early stage medtech companies the Science Center advises? He started digging deeper and realized that these were issues startups needed to know about.
