2025 TEI and Thomson Reuters Present: Unlocking R&D Credits in 2025: Navigating New Reporting Requirements and Legislative Changes

Join us for a timely and essential webinar as we dive deep into the changing landscape of Research & Development (R&D) tax credits. This session will address pressing issues facing organizations today, focusing on:

• Recent changes to the R&D tax credit reporting form: including expanded reporting requirements at the business component level
• How AI Solves Compliance Burden of Form 6765 Schedule G
• Audit procedures: common pitfalls, and resolution strategies
• Legislative updates: The One Big Beautiful Bill Act and the return to section 174 expensing

Learning Objectives:

After attending this session, participants will be able to:

• Identify the new business component–level reporting requirements included in the revised R&D tax credit form.
• Recognize IRS audit procedures and common pitfalls related to R&D credits, and apply appropriate resolution strategies.
• Explain the impact of recent legislative developments, including the One Big Beautiful Bill Act and the return to Section 174 expensing, on R&D tax planning.

Speakers:

Ahmad Ibrahim, CEO, NeoTax

Ibrahim is the CEO of neo.tax, which he cofounded with a Stanford Ph.D. in machine learning and a former IRS agent. He started his career at Merrill lynch. He then founded a ‘cfo app for small businesses’, which led him to work on Quickbooks Accountant at Intuit. Ibrahim studied at UC Berkeley and the London School of Economics.

Douglas Norton, Partner, Morgan, Lewis & Bockius LLP

Douglas Norton practices tax law, focusing primarily on tax controversy. He has represented clients before the Internal Revenue Service, in the US Tax Court, and in US federal district and appellate courts. Doug handles a wide range of tax controversies involving individuals and corporations including those related to transfer pricing, tax accounting and inventory, worthless stock, the deductibility of legal expenses, and interest netting. He has particular experience with disputes involving the research credit under section 41 and the treatment of research expenses under section 174.

Phillip Overly, MTax, BBA, RTC Manager/Strategic Account Support, DST Advisory Group

Philip Overly is a Research Tax Credit Manager at DST Advisory Group, where he leads strategic sales and R&D tax credit engagements for Fortune 100 clients. Philip develops training sessions on emerging tax law developments, efficient processes for completing studies, and tax strategies.  With a bachelor’s in finance from the University of Texas at San Antonio and a Master of Taxation from Golden Gate University, he brings both technical depth and strategic perspective to R&D credit matters. Philip began his career at a large consultancy firm before moving to a boutique tax services firm, where he oversaw more than 75 engagements annually and served as lead technical expert. At DST, he manages cross-functional teams to deliver timely, high-quality results while ensuring compliance and maximizing credit opportunities. Philip is known for his clear communication, problem-solving, and client-focused approach, he provides trusted guidance in navigating the complexities of R&D tax incentives.