Research and development tax credits assist companies in determining their allowable credit while backing them with proper documentation to withstand IRS scrutiny.
Technological innovation involves substantial annual expenditures by many US businesses. Our Research & Development (R&D) Tax Credit specialists assist companies in determining their allowable tax credit, while helping to substantiate those credits with the proper documentation required to withstand IRS scrutiny.
While the R&D tax credit has been a part of the tax code for more than 30 years, there’s no doubt that it is a proven method for reducing or eliminating tax liability and increasing cash flow. The tax definition of R&D is much broader than the traditional term “R&D.” It includes formal R&D activities and R&D groups, but also include developments and improvements related to products and operational processes.
Our team possesses the expertise to properly identify R&D opportunities, maximize the benefit you may have earned and -equally important- have the relevant experience to defend R&D tax credit claims under IRS examination.
Our R&D tax credit specialists are very skilled and experienced at understanding your accounting policies and recordkeeping culture to ensure that they meet any IRS exam guidelines. Our typical project interaction involves a half day visit to your location. Our tools and guidance can make the exercise of claiming R&D tax credits annually a smooth and enthusiastic initiative.
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