Event Description
TEI Wisconsin - Federal Update
Hosted by CLA
Tuesday, May 19, 2026
Location: CLA Milwaukee Office, 10401 West Innovation Drive, Suite 300 (Training Room), Wauwatosa, WI 53226
1 p.m. - Welcome Christa Baldridge, Principal
1 – 2 p.m. - IRC 174 / R&D Updates
This session will highlight the latest developments
regarding the federal R&D tax credit, including judicial
and IRS guidance and audit trends, as well as some
notable state R&D credit developments. In addition, we
will discuss the latest developments in connection with
IRC Section 174 research expense capitalization,
including relevant IRS guidance and practical issues
taxpayers need to consider when implementing Section
174 method changes.
Eric Zeitler, Manager
Michael De Prima, Principal
2 – 3 p.m. - The New Tax Bill: OBBBA Updates
This session will provide an overview of recent
developments in the OBBBA and related federal tax
proposals, highlighting key provisions and effective
dates, who may be impacted, and practical planning
considerations for businesses and individuals.
Terri Lillesand, Principal
3 – 4 p.m. - Energy Tax Credits Incentives and Credit Purchases
This session will cover current energy-related federal
tax incentives, including eligibility considerations,
documentation requirements, and timing. We will also
discuss options for transferring/selling certain credits,
key deal terms, and common compliance and risk items
for credit buyers and sellers.
Michael DePrima, Principal
4 – 5 p.m. - Social Hour and Refreshments
Parking Instructions:
Park in front of the building in the surface lot. Upon arrival, proceed to the third-floor reception desk to check-in.