Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
HomeR&D Tax Credit CalculatorState R&D CreditsIndustry R&D CreditsJournalContact

re:fuel your innovation

Find out how R&D tax credits will help your company survive, thrive, and revitalize.

Tell Me More

YOU STARTED A FIRE. WE WANT TO KEEP IT GOING.

Your company could be receiving tax incentives that would increase your company’s bottom line. This credit was created and implemented to incentivize innovation throughout the economy.

Federal R&D Tax Credit

Recover upwards of 10 % of your R&D spend from the IRS. Qualified small businesses can offset payroll taxes up to $250,000 per year.

State R&D Tax Credit

Most states follow the federal method, allowing up to an additional 3 - 24% recovery of expenses.  Knowing each state’s R&D tax credit model is where our team thrives!

Combining federal and state credits could return up to 20% of your qualified expenses!

Let’s Chat!
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Union patten
Want to talk in person? Call us at (208) 252-5444.
Call Now!
Note: The Tax Credit Calculator is indicative only and for information purposes. It should not be used as a basis for calculations submitted in your tax returns. Contact Strike to know exactly how much you stand to earn from your qualified research expenses.

How do I know if my projects qualify?

All activities must meet the requirements of The 4-Part Test in order to determine whether the associated project expenses can be included in the credit calculations.

Purpose

The research must impart new or improved functionality, performance, reliability, or quality to a product, process, formulation, invention, software, or technique.

Technological

The activity undertaken must rely on the principles of “hard” sciences including physics, biology, engineering, chemistry, or computer science.

Eliminating Uncertainty

From the outset of the project, the development team must encounter technical uncertainty regarding the optimal design, methodology, or capability to achieve project specifications.

Experimentation

The activities constitute a process of experimentation with the intent to resolve the technical uncertainty through the systematic evaluation of alternate solutions.

The 4-Part Test is the most challenging and extensive part of any R&D Tax Credit Claim. It is imperative to have an experienced hand to ensure that your R&D Tax Credits are properly calculated and substantiated. Strike has the tax experts you need to maximize your benefits.

What expenses qualify for R&D tax credits?

Here’s a look at the types of expenses your company can claim for R&D Tax Credits.

US Employee Salaries
US Subcontractors
Supplies Consumed in R&D
Offsite Server Rental & Cloud Computing

What documentation will I need to provide?

We’ll work with you to gather all the appropriate documentation to provide a comprehensive report of your qualified R&D tax credits.

Tax Returns &
Financial Statements
Employee Payroll &
Expense Reports
Project Lists
Supporting
Documentation

These elements will help us to develop a list of qualified expenses related to the development of...

Inventions
Software
Formulations
Processes
Techniques
Products

Download the app.

Download our R&D Tax Credit Calculator for Android to see how much you can receive from your qualified R&D tax credit expenses.

I think we need to talk.

We were hoping you’d say that. The fundamental truth is that we perform better when we have efficiency and effectiveness in mind.

Minimizing your tax liability only increases your organization’s value and performance, while providing greater opportunity for every dollar.

We look forward to re:igniting your fire!

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.