INVESTING IN INNOVATION?
At Tax Incentives Group, we specialize in helping businesses of all sizes unlock the benefits of the Federal Research & Development (R&D) Tax Credit. This credit, designed to encourage innovation across industries, rewards companies for their investment in technological advancement, product development, and process improvement.
What is the Federal R&D Tax Credit?
The Federal R&D Tax Credit is an incentive that allows companies to reduce their federal tax liability based on qualified research expenditures (QREs). It can be applied to activities that involve:
Developing or improving products, processes, software, or technology
Conducting technical analysis or testing
Creating prototypes or models
Experimenting with new materials or production techniques
By claiming this credit, businesses can reduce their costs and reinvest the savings back into their innovation efforts.
R&D Tax Credit Services
We provide comprehensive support for claiming the R&D tax credit, ensuring your business takes full advantage of this valuable incentive. Our services include:
Eligibility Assessment
We perform a detailed analysis of your activities to determine which projects qualify for the credit. This ensures compliance with IRS guidelines while maximizing the value of your claim.Expense Identification and Documentation
We help identify qualified research expenditures, including employee wages, supply costs, and contractor fees. Proper documentation is crucial to a successful claim, and we ensure your records meet the required standards.Credit Calculation
Our team of tax professionals uses accurate and proven methods to calculate your eligible credit, ensuring you receive the full benefit you are entitled to.Audit Defense and Compliance Support
In the event of an IRS audit, we provide expert representation, ensuring you are well-prepared and supported throughout the process.
Why Choose Tax Incentives Group?
Industry Expertise: With extensive experience across a wide range of sectors, we understand the nuances of R&D activities and their tax implications.
Tailored Solutions: We customize our approach based on your unique needs, ensuring a seamless and efficient process.
End-to-End Support: From initial consultation to documentation and audit defense, we guide you through every step of the process.
Industries We Serve
The Federal R&D Tax Credit applies to a wide range of industries, including:
Software Development
Manufacturing
Engineering
Biotechnology
Food & Beverage
Aerospace
Energy
Get Started Today
Innovation drives your business forward—let us help you get rewarded for it. Contact Tax Incentives Group today to schedule a consultation and discover how the Federal R&D Tax Credit can reduce your tax burden and fuel your growth.