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Frequently Asked Questions

Listed below are some of the most frequently asked questions our team receives about R&D tax credits

Can my company’s chances of audit increase because of R&D Credits?

No. This is a common misconception among both small and medium businesses. Taking a research credit on a timely filed return, including extension, does not increase your company’s audit risk. According to IRS statistics, only 0.9% of corporate tax returns and 0.2% of small businesses (S-corp and Partnerships) are selected randomly.

According to IRS guidelines, a return can be selected for audit based on a myriad of reasons. There is no directive that targets companies specifically who claimed R&D credits.

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