Insights on R&D Capitalization

Thanks to our Platinum Sponsor Withum for this thought leadership article outlining best practices for startup accounting:

Insights on R&D Capitalization

Companies are now required to capitalize on the costs of research and development (including software development) and amortize them between five and fifteen years.

Leonard Smith, CPA of Withum’s Life Science Tax Services discusses how Withum can help via R&D credits and other tax planning opportunities.

Listen to the information here.

Watch the video here.

Lenny is a Tax Partner with over 16 years of public accounting experience. As the leader of the Life Science Tax Practice, he specializes in corporate and pass-through taxation, advising clients on R&D credit opportunities, Qualified Small Business Stock, M&A transactions, Section 382 limitations, transfer pricing, and equity-based compensation. Lenny also has extensive experience with individual taxation, advising clients on charitable planning, business succession, and tax controversy.

Connect with Withum's Leonard Smith, CPA here.

Read this article at withum.com...

Contact OCSC Platinum Sponsor Withum to learn more about their services. For Technology and Emerging Growth Services contact Orange County's Sven Johnston (sjohnston@withum.com) and Alli Krug (akrug@withum.com) and learn more at https://www.withum.com/industries/technology-services/ For Withum's Life Sciences services contact Iggy Lopez (ilopez@withum.com) and learn more at https://www.withum.com/industries/life-sciences/.

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