The One Big, Beautiful Bill Act (OBBBA) introduced changes to the tax treatment of research and development (R&D) costs. This course will guide CPAs through the new expensing and amortization options for domestic research, the continued treatment of foreign research, and updates affecting the R&D credit. We'll also review special elections, transitional relief, and IRS guidance. With practical examples and planning insights, you'll gain the knowledge needed to advise clients on the evolving rules for R&D expenditures.