Unlock extra cash and reduce tax liability with R&D credits Your day-to-day operations could provide untapped opportunities to access extra cash and reduce your business' income tax liability, thanks to research and development (R&D) tax credits.
R&D credits regularly deliver savings to businesses that design, develop, or improve products, processes, techniques, formulas, or software—helping put cash back into the business.
Tax refunds can exceed 10% of annual R&D costs for federal credits and even higher when applying state-level credits. Claiming credits can be a complex process that involves intense IRS scrutiny, so it's crucial to navigate submissions meticulously.
Explore some of the ways your business can benefit from your current R&D spending.
R&D credits are expense-driven—the more you spend on R&D, the more credits you can generate. Evaluating your individual tax situation over multiple years is essential for increasing the potential benefit.
R&D credits can be claimed on original tax returns, and the statute of limitations could allow your business to claim credits for previous tax years.
Receive a preliminary estimate of your potential tax savings from R&D by filling out our complimentary benefits estimate request form.
Your engagement team will include professionals from a range of backgrounds who understand your industry and customize our approach to fit your company's unique needs.
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