The R&D tax credit presents a tremendous tax savings opportunity for innovative companies that introduce new products and solutions to the market. However, this lucrative incentive comes with IRS scrutiny. As the burden of proof is on you, the taxpayer, it's essential that you have a thorough understanding of the rules regarding which expenses and activities qualify. The requirements can be complex, and our diverse team of R&D tax credit specialists go beyond compliance, considering a balance of value, risk, and cost, to help you maximize and keep your benefits.
R&D Tax Credits
Research and Development Tax Credits Thought Leadership
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R&D tax credits in the time of COVID-19
If you’ve never claimed the R&D credit, you might have overlooked a valuable tax benefit. If you’ve claimed the credit in recent years, you need to understand how the CARES Act NOL carrybacks might affect those tax returns.
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Using R&D tax credits to maximize your cash savingsOpportunities for cash savings exist for tech companies as they invest in research and development activities.
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Lower corporate tax rates create more savings in research creditsThe Tax Cuts & Jobs Act reduced the maximum corporate tax rate, allowing for an increase in the research credit’s net benefit.
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Tax credits and incentives: Changes that could benefit your business2016 saw several beneficial rule changes for businesses, including expansion of the R&D credit, accelerated cost recovery for restaurants and retailers, and continued work to finalize a deduction for domestic manufacturers. Here’s how they may benefit you and your business.
Our Team
Our R&D tax credit experts will team with you and your technical personnel to gather the appropriate documentation to claim and sustain your R&D tax credits. We can simplify and streamline the process of identifying qualified activities and related expenses, applying related party aggregation rules, and supporting your research credit claim with proper documentation. We'll help you maximize the impact of your R&D efforts and translate those efforts into cash savings.
