Manufacturers and distributors can benefit from a variety of specialty tax incentives. The size and specialization of their facilities make them excellent candidates for real-estate-based incentives like Cost Segregation and the EPAct 179D Deduction. Additionally, manufacturers claim the lion’s share of R&D Tax Credits annually. The R&D Tax Credit rewards companies that create or improve products or processes – precisely the type of innovation that occurs daily in the manufacturing industry. This session will help you recognize opportunities for your M&D clients, and help you guide your clients as they navigate the process of claiming the incentives. A variety of real-life examples will be reviewed to illustrate the scope of applications and potential benefits. 

Learning Objectives:

• Identify the large number of specializations in M&D facilities that contribute towards a successful cost segregation study 


• Recognize the impact of Qualified Improvement Property on M&D facilities in a renovation scenario 


• Summarize the relationship between facility size and potential benefit when claiming the 179D Deduction 


• List a selection of manufacturing-specific Qualified Research Activities and Qualified Research Expenses 


• Recognize that the R&D Credit may be taken annually and tax planning implications 


• Evaluate which specialty tax incentives might be appropriate for a given M&D client, recalling that multiple strategies may be employed simultaneously

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222