The July 6 R&D Deadline: What CPAs Must Do Now for Clients Who Capitalized Section 174

Many businesses were forced to capitalize and amortize R&D expenses under Section 174 for tax years 2022–2024 — often without fully understanding the long‑term cash‑flow impact.

Recent legislative changes reopened the door to retroactive R&D expensing, but the window to act is short. Elections and amendments must be filed by July 6, 2026.

In this timely webinar, Tri‑Merit’s R&D specialists will break down who qualifies, what options exist, and what must be done now to avoid leaving significant tax savings on the table. 

By the end of this session, attendees will be able to:

• Identify which clients are impacted by the Section 174 capitalization rules for 2022–2024.
• Understand who qualifies as an eligible small business for retroactive R&D expensing.
• Explain what elections or amendments are required and what must be completed by July 6, 2026.
• Recognize common pitfalls that could invalidate elections or delay refunds.
• Know when to escalate clients for a deeper R&D review