May 29

Tax Credits & Cash Your Bank May Be Missing

Registration Options & Pricing

Please select your membership status.

Recorded Webinar Includes

  • Recording of the Live Webinar
  • Can be viewed anytime 24/7, beginning 2 business days after the webinar
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your bank
  • Presenter’s contact info for follow-up

This is a morning webinar.

8:00 am – 9:30 am PT
9:00 am – 10:30 am MT
10:00 am – 11:30 am CT
11:00 am – 12:30 pm ET

Is your bank leaving valuable tax credit money on the table? The answer might just surprise you! Even if you’re a small financial institution, chances are good that some activities within your IT function qualify as “research and engineering” even if you’re not developing any software! Don’t miss out!


  • Determine which IT-related costs at your bank are eligible for a tax credit
  • Understand the definition of "research and engineering" costs for R&D tax-credit purposes
  • Navigate the legal landscape at the state and federal levels
  • Understand key IRS guidance for claiming an R&D tax credit
  • Develop a framework for identifying, qualifying, and quantifying R&D eligible costs and activities
  • Maintain a process to secure and optimize an annual R&D tax credit benefit


Has your bank spent money on IT personnel, software enhancements, external IT support services, or business process consultants to improve internal systems or customer interfaces? If so, these costs and activities are eligible when computing state or federal R&D tax credits. The R&D Tax Credit (IRC Sec. 41) has been around since the 1980s as an incentive to motivate taxpayers to maintain engineering and development activities in the United States.

What does this mean for community banks? A treasure trove of tax credits, i.e. CASH. Whether your bank has only recently invested in IT or has a history of IT infrastructure improvements, these software and IT development costs are eligible for both state and federal tax credits and often yield cash refunds. This means a dollar-for-dollar reduction in taxes paid or due – even if the costs did not result in any technological advancement.

This presentation will review the eligibility criteria of qualifying and quantifying banks’ R&D tax credits and outline the mechanics to secure an R&D tax credit on current-year tax returns and the potential of seeking prior-year tax refunds.

Attendance certificate provided to self-report CE credits.


This informative session is designed for bank CFOs, controllers, accounting staff, and IT professionals. Ideally, IT and accounting staff will attend together to maximize understanding and the benefits of this course material.


  • Employee training log
  • Interactive quiz


NOTE:  All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.


Howard & Howard Attorneys PLLC


Howard & Howard Attorneys PLLC
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