Qualifying clients average $250k in R&D Tax Credits from the IRS for their investments in innovation
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.
Depending on the state where the R&D activities are performed, companies can recover up to 12% of their expenses to offset various tax liabilities
All expenses must undergo The 4-Part Test in order to determine whether the claim meets the qualifying criteria standard for approval..
The 4-Part Test is the most challenging and extensive part of any R&D Tax Filing. It is essential to have an experienced hand to ensure that your R&D Tax Credit return is properly filed to maximize the return R&D tax credits.
The research must impart new or improved functionality, performance, reliability, or quality to a product, process, formulation, invention, software, or technique..
The research must impart new or improved functionality, performance, reliability, or quality to a product, process, formulation, invention, software, or technique..
The research must impart new or improved functionality, performance, reliability, or quality to a product, process, formulation, invention, software, or technique..
The research must impart new or improved functionality, performance, reliability, or quality to a product, process, formulation, invention, software, or technique..
Here’s a look at the types of expenses your company can claim for R&D Tax Credits.
US Employee Salaries
Supplies Consumed in R&D
US Subcontractors
Offsite Server Rental & Cloud Computing
We’ll work with you to surface 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 expenses related to the development of...
Inventions
Processes
New/Improved Products
Software
Formulations
Techniques
