R&D Tax Credit
Overview
- Available to all U.S.-based businesses
- Eligibility based on new or improved process, technical uncertainty, and experimentation processes
- Federal tax credit benefit typically averages around 10%
- Over 35 States also offer R&D Tax credit services
- Expenses based on salaries, wages, supplies, and contractor costs
- Provides a dollar-for-dollar offset of regular income tax liability (can offset payroll taxes for certain SMBs)
An Easier Process
We are the go-to firm for SMB’s companies, offering over 30 years of combined expertise with a multi-disciplinary team that truly understands your research and development activities.
Our in-house team of R&D Tax credit consultants, with expertise in software development, engineering, and science, delivers a comprehensive solution designed to:
- Provide fee arrangements with no upfront costs
- Minimize your time commitment by handling the bulk of document preparation- saving your staff time
- Complete R&D claims in an average of 4-6 weeks
Federal and State Tax Credits
Tax credits are available at both the federal and state levels to incentivize activities like hiring, investment, and employee training.
Employee Retention Credit (ERC) Support
Time (expires April 15th, 2025) is running out to take advantage of the Employee Retention Credit (ERC). We can assist, if you:
- Didn’t originally file a refund claim or were incorrectly told you didn’t qualify
- Filed but are concerned you may have been misled by an ERC “mill”
- Filed and want to be audit-ready
If you need assistance with your ERC claim, let’s chat. We can help correct any errors and ensure full compliance with IRS requirements.