Insights
Deal Team M&A Insights Through Mid-2024
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What We Offer
OVERVIEW AND EXPERIENCE
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.
What is the R&D tax credit?
The R&D tax credit is intended to stimulate technological innovation and is available to all companies performing qualifying R&D within the United States. The R&D tax credit is comprised of both qualified research activities (QRAs) and qualified research expenditures (QREs).
Four-part test
Qualified research activities are defined as activities taking place to develop a new business component or process improvement and must meet the four-part test:
- The qualified purpose of the activity is to develop a new product or process, or is intended to improve the performance, functionality, quality, or reliability of an existing business component.
- There must be uncertainty at the onset of the project. Uncertainty is not strictly defined as whether or not you succeed, but rather how you move forward.
- There must be a process of experimentation which can include developing one or more hypotheses (design alternatives), designing and conducting experiments to test and analyze those hypotheses, refining or discarding those hypotheses to design the business component, computer modeling, simulation, trial or error testing, prototype design and/or construction.
- The project must be technical in nature and relate to physical sciences such as mechanical, electrical, biological engineering or computer science.
Qualified research expenditures are defined as:
- The wages paid to employees conducting or supporting the qualifying activities
- The costs of supplies (raw materials) that are consumed in the R&D activities
- The expenses paid to outside individuals or companies that assist in the qualifying research.
Our process
First, we will provide a free assessment to estimate the amount of credits for which you may be eligible. If engaged to do a study, our team will strive to limit the interactions with your company. There are no specific recordkeeping requirements to be eligible for the R&D tax credits nor is there any requirement that you re-create any information.
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.
OUR PROFESSIONALS
ANGELA KOPRIVA
Principal, UHY LLP
MARC ROSEN
Principal, UHY Advisors
NEHA NATHWANI
Partner, UHY LLP
Managing Director, UHY Advisors
Farmington, Connecticut
NEHA NATHWANI
Partner, UHY LLP
Managing Director, UHY Advisors
A. MICHAEL BUCCI
Partner, UHY LLP
Managing Director, UHY Advisors
Hudson, New York
A. MICHAEL BUCCI
Partner, UHY LLP
Managing Director, UHY Advisors
DAISUKE TERAKAWA
Principal, UHY Advisors
HEATHER BENSON
Director of Cost Segregation, UHY Advisors
Sterling Heights, Michigan
HEATHER BENSON
Director of Cost Segregation, UHY Advisors
JOHN GREER
Principal, UHY Advisors
KATHERINE JUAREZ
Principal, UHY Advisors
RYAN HOWELL
Partner, UHY LLPManaging Director, UHY Advisors
SCOTT VENTLINE
Partner, UHY LLP
Managing Director, UHY Advisors
DANIEL KEY
Principal, UHY Advisors
DAVE WATSON
Partner, UHY LLP
Managing Director, UHY Advisors
LARRY SILVERSTEIN
Principal, UHY Advisors
RALPH MIRANDO
Partner, UHY LLP
Managing Director, UHY Advisors
COREY MASSELLA
Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York
COREY MASSELLA
Partner, UHY LLP
Managing Director, UHY Advisors
MARTHA A. JAECKLE
Partner, UHY LLPManaging Director, UHY Advisors
Garden City, New York
MARTHA A. JAECKLE
Partner, UHY LLPManaging Director, UHY Advisors
JOHN SALEMI
Office Managing Partner, Farmington, UHY LLP
Managing Director, UHY Advisors
Farmington, Connecticut
JOHN SALEMI
Office Managing Partner, Farmington, UHY LLP
Managing Director, UHY Advisors
GREGORY PEARSON
Partner, UHY LLP
Managing Director, UHY Advisors
St. Louis, Missouri
GREGORY PEARSON
Partner, UHY LLP
Managing Director, UHY Advisors
KERRY SANTOPIETRO
Principal, UHY Advisors
DANIEL ENSOR
Principal, UHY LLP
DAVID HOUSTON
Partner, UHY LLP
Managing Director, UHY Advisors
STEPHEN F. WOLF
Partner, UHY LLP
Managing Director, UHY Advisors
Columbia, Maryland
STEPHEN F. WOLF
Partner, UHY LLP
Managing Director, UHY Advisors
NANCY THOMPSON
Principal, UHY Advisors
EMILY UPPLEGER
Principal, UHY Advisors
SCOTT MACCALLUM
Principal, UHY LLP
ANTHONY FRABOTTA
Partner, UHY LLP
Chairman Emeritus, UHY Advisors
Sterling Heights, Michigan
ANTHONY FRABOTTA
Partner, UHY LLP
Chairman Emeritus, UHY Advisors
MICHAEL OKENQUIST
Office Managing Partner - Wayland, UHY LLPManaging Director, UHY Advisors
Wayland, Massachusetts
MICHAEL OKENQUIST
Office Managing Partner - Wayland, UHY LLPManaging Director, UHY Advisors
THOMAS CALLAN
Great Lakes Regional Managing Director, UHY Advisors
Farmington Hills, Michigan
THOMAS CALLAN
Great Lakes Regional Managing Director, UHY Advisors
AMY BLOOM
Partner, UHY LLP
Managing Director, UHY Advisors
ALISON DUNLEAVY
Principal, UHY Advisors
DENNIS PETRI
Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan
DENNIS PETRI
Partner, UHY LLP
Managing Director, UHY Advisors
DAVE HOVE
Partner, UHY LLP
Managing Director, UHY Advisors
RHONDA NEWMAN
Partner, UHY LLP
Managing Director, UHY Advisors
Kalamazoo, Michigan
RHONDA NEWMAN
Partner, UHY LLP
Managing Director, UHY Advisors
KERRY GARNER
Managing Director, UHY Advisors
JUAN SANTANA
Principal, UHY Advisors
LAUREN OUIMET
Principal, UHY Advisors
JIE CHEN
Partner, UHY LLPManaging Director, UHY Advisors
ROBERT POTTER
Partner, UHY LLP
Managing Director, UHY Advisors
Farmington Hills, Michigan
ROBERT POTTER
Partner, UHY LLP
Managing Director, UHY Advisors
JAMES DANIELS
Partner, UHY LLP
Managing Director, UHY Advisors
DENNIS LAPORTE
Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan
DENNIS LAPORTE
Partner, UHY LLP
Managing Director, UHY Advisors
NANCY PATZWAHL
Principal, UHY Advisors
VENUS WU
Partner, UHY LLP
Managing Director, UHY Advisors
SCOTT HUNTER
Partner, UHY LLPManaging Director, UHY Advisors
PATRICK STARK
Partner, UHY LLP
Managing Director, UHY Advisors
St. Louis, Missouri
PATRICK STARK
Partner, UHY LLP
Managing Director, UHY Advisors
JOSEPH FALANGA
Managing Director, UHY Advisors
MICHELE BROWN
Principal, UHY Advisors
DAVE MIDTLYNG
Partner, UHY LLP
Managing Director, UHY Advisors
STEVE GOESTENKORS
Partner, UHY LLP
Managing Director, UHY Advisors
St. Louis, Missouri
STEVE GOESTENKORS
Partner, UHY LLP
Managing Director, UHY Advisors
DENISE PISCIOTTA
Partner, UHY LLP
Managing Director, UHY Advisors
St. Louis, Missouri
DENISE PISCIOTTA
Partner, UHY LLP
Managing Director, UHY Advisors
MICHAEL LANDERS
Partner, UHY LLP
Managing Director, UHY Advisors
PAMELA MAY
Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan
PAMELA MAY
Partner, UHY LLP
Managing Director, UHY Advisors
MARK CRONIN
Principal, UHY Advisors
THOMAS SENA
Principal, UHY Advisors
NICK FLORIO
Principal, UHY Advisors
MICHAEL VIZZIE
Principal, UHY Advisors
JO LYNN MANNS
Principal, UHY Advisors
JIM VALK
Office Managing Partner, Dowagiac & Kalamazoo, UHY LLP
Managing Director, UHY Advisors
Kalamazoo, Michigan
JIM VALK
Office Managing Partner, Dowagiac & Kalamazoo, UHY LLP
Managing Director, UHY Advisors
JOHN GALLO
Partner, UHY LLP
Managing Director, UHY Advisors
Farmington Hills, Michigan
JOHN GALLO
Partner, UHY LLP
Managing Director, UHY Advisors
WILLIAM KINGSLEY
Partner, UHY LLP
Managing Director, UHY Advisors
Detroit, Michigan
WILLIAM KINGSLEY
Partner, UHY LLP
Managing Director, UHY Advisors
RONALD HICKMAN
Partner, UHY LLP
Managing Director, UHY Advisors
Salisbury, Maryland
RONALD HICKMAN
Partner, UHY LLP
Managing Director, UHY Advisors
HAROLD MOHN JR.
Office Managing Partner - Columbia, UHY LLPMid-Atlantic Regional Managing Director, UHY Advisors
Columbia, Maryland
HAROLD MOHN JR.
Office Managing Partner - Columbia, UHY LLPMid-Atlantic Regional Managing Director, UHY Advisors
SCOTT MCRUER
Partner, UHY LLP
Managing Director, UHY Advisors
Kansas City, Missouri
SCOTT MCRUER
Partner, UHY LLP
Managing Director, UHY Advisors
DONNA FRYE
Director of Transfer Pricing, UHY Advisors
SUZANNE MULDOON
Principal, UHY Advisors
KYLE WOIWOOD
Partner, UHY LLP
Managing Director, UHY Advisors
BRADLEY CUMMINGS
Partner, UHY LLP
Managing Director, UHY Advisors
Catskill, New York
BRADLEY CUMMINGS
Partner, UHY LLP
Managing Director, UHY Advisors
PETER WASKUL
Principal, UHY Advisors
DANIEL MARKEY
Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan
DANIEL MARKEY
Partner, UHY LLP
Managing Director, UHY Advisors
MONISH BANGA
Office Managing Partner, UHY LLPManaging Director, UHY Advisors
McLean, Virginia
MONISH BANGA
Office Managing Partner, UHY LLPManaging Director, UHY Advisors
CHUCK SOCKETT
Partner, UHY LLP
Managing Director, UHY Advisors
MATT MARTINA
Partner, UHY LLP
Managing Director, UHY Advisors
KEITH MOORE
Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan
KEITH MOORE
Partner, UHY LLP
Managing Director, UHY Advisors
TODD BENSLEY
Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan
TODD BENSLEY
Partner, UHY LLP
Managing Director, UHY Advisors
WALTER FOLEY
Partner, UHY LLPManaging Director, UHY Advisors
Long Island, New York
WALTER FOLEY
Partner, UHY LLPManaging Director, UHY Advisors
STEVEN MARESCA
Principal, UHY Advisors
TODD TIGGES
Partner, UHY LLP
Managing Director, UHY Advisors
Farmington Hills, Michigan
TODD TIGGES
Partner, UHY LLP
Managing Director, UHY Advisors
BRENT JONES
Partner, UHY LLP
Managing Director, UHY Advisors
Farmington Hills, Michigan
BRENT JONES
Partner, UHY LLP
Managing Director, UHY Advisors
CHRIS HALL
Office Managing Partner, Salisbury, UHY LLP
Managing Director, UHY Advisors
Salisbury, Maryland
CHRIS HALL
Office Managing Partner, Salisbury, UHY LLP
Managing Director, UHY Advisors
PAUL TRUBER
Managing Director, UHY Advisors
Partner, UHY LLP
ROBERT BOESIGER
Partner, UHY LLP
Managing Director, UHY Advisors
Detroit, Michigan
ROBERT BOESIGER
Partner, UHY LLP
Managing Director, UHY Advisors
CHRISTOPHER OLIVA
Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York
CHRISTOPHER OLIVA
Partner, UHY LLP
Managing Director, UHY Advisors
ROBERT LICKWAR
Partner, UHY LLP
Managing Director, UHY Advisors
Farmington, Connecticut
ROBERT LICKWAR
Partner, UHY LLP
Managing Director, UHY Advisors
WILLIAM LACY
Principal, UHY Advisors
ERIC HANANEL
Principal, UHY Advisors
MICHAEL ZMOROD
Partner, UHY LLP
Managing Director, UHY Advisors
Long Island, New York
MICHAEL ZMOROD
Partner, UHY LLP
Managing Director, UHY Advisors
STEPHEN SLATER
Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York
STEPHEN SLATER
Partner, UHY LLP
Managing Director, UHY Advisors
MARK WITTE
Partner, UHY LLP
Managing Director, UHY Advisors
ROANNA CAMPBELL
Principal, UHY Advisors
TRENT MULDER
Partner, UHY LLPManaging Director, UHY Advisors
PATRICK GREGORY
Partner, UHY LLP
Managing Director, UHY Advisors
Farmington Hills, Michigan
PATRICK GREGORY
Partner, UHY LLP
Managing Director, UHY Advisors
VINCE NESLINE
Principal, UHY Advisors
MICHAEL COOL
Partner, UHY LLPManaging Director, UHY Advisors
BEN RAYMOND
Principal, UHY Advisors
MICHAEL TURNBULL
Partner, UHY LLP
Managing Director, UHY Advisors
Port Huron, Michigan
MICHAEL TURNBULL
Partner, UHY LLP
Managing Director, UHY Advisors
ERIC SCARINGE
Principal, UHY Advisors
SCOTT EARLS
Partner, UHY LLP
Managing Director, UHY Advisors
Farmington Hills, Michigan
SCOTT EARLS
Partner, UHY LLP
Managing Director, UHY Advisors
DANIEL FELSTOW
Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan
DANIEL FELSTOW
Partner, UHY LLP
Managing Director, UHY Advisors
N. THÉRÈSE WOLFE
Partner, UHY LLP
Managing Director, UHY Advisors
Hudson, New York
N. THÉRÈSE WOLFE
Partner, UHY LLP
Managing Director, UHY Advisors
MARK WELSH
Partner, UHY LLP
Managing Director, UHY Advisors
MATTHEW MUNN
Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan
MATTHEW MUNN
Partner, UHY LLP
Managing Director, UHY Advisors
DEBRA PELLERITO
Partner, UHY LLP
Managing Director, UHY Advisors
Kalamazoo, Michigan
DEBRA PELLERITO
Partner, UHY LLP
Managing Director, UHY Advisors
JENNIFER WOOLF
Principal, UHY LLP
JOYCE O'DWYER
Principal, UHY Advisors
MARIAN SHAW
Partner, UHY LLP
Managing Director, UHY Advisors
MICHELLE DYER
Principal, UHY Advisors
STANLEY HOLZMAN
Principal, UHY Advisors
RICHARD KOSKEY
Principal, UHY Advisors
SUSAN MAAS
Principal, UHY Advisors
SHELLEY ROMANO
Partner, UHY LLP
Managing Director, UHY Advisors
Columbia, Maryland
SHELLEY ROMANO
Partner, UHY LLP
Managing Director, UHY Advisors
MARIE MCKAY
Partner, UHY LLPManaging Director, UHY Advisors
Manchester, New Hampshire
MARIE MCKAY
Partner, UHY LLPManaging Director, UHY Advisors
MEHMET UGUR
Partner, UHY LLP
Managing Director, UHY Advisors
MARC RUBIN
Partner, UHY LLP
Managing Director, UHY Advisors
GORDON FOLLMER
Managing Director, UHY Advisors
LEO VARNER
Principal, UHY Advisors
CRAIG BALLENTINE
Managing Director, UHY Advisors
PAUL JUFFER
Partner, UHY LLP
Managing Director, UHY Advisors
JOHN KINCAID
Partner, UHY LLP
Managing Director, UHY Advisors
COLETTE CAHILL
Partner, UHY LLPManaging Director, UHY Advisors
LARRY JOURDEN
Partner, UHY LLP
Managing Director, UHY Advisors
St. Louis, Missouri
LARRY JOURDEN
Partner, UHY LLP
Managing Director, UHY Advisors
JANEEN ARMSTRONG
Principal, UHY Advisors
BHAARATH REDDY
Partner, UHY LLPManaging Director, UHY Advisors
Farmington Hills, Michigan
BHAARATH REDDY
Partner, UHY LLPManaging Director, UHY Advisors
KATHY CROCKETT
Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan
KATHY CROCKETT
Partner, UHY LLP
Managing Director, UHY Advisors
PAMELA MOSIELLO
Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York
PAMELA MOSIELLO
Partner, UHY LLP
Managing Director, UHY Advisors
TINA STEINBECK
Principal, UHY Advisors
JEAN HOWE LOSSI
Principal, UHY Advisors
YI SHRESTHA
Principal, UHY Advisors
GARY NEWKIRK
Principal, UHY Advisors
BILL SUTTON
Principal, UHY Advisors
ROY GEISER
Partner, UHY LLP
Managing Director, UHY Advisors
F. MICHAEL ZOVISTOSKI
Partner, UHY LLP
Managing Director, UHY Advisors
Albany, New York
F. MICHAEL ZOVISTOSKI
Partner, UHY LLP
Managing Director, UHY Advisors
RALPH ZERBONIA
Principal, UHY Advisors
LONI WINKLER
Partner, UHY LLP
Managing Director, UHY Advisors
Farmington Hills, Michigan
LONI WINKLER
Partner, UHY LLP
Managing Director, UHY Advisors