R & D Tax Credit Services

The Wall Street Journal
"...this would encourage R&D and capital investment,... it works out to a savings
of over $110 billion on corporate America's tax."

Who Can Get R&D Tax Credits?
Every business that is involved in developing new or improved products, processes and software or has been engaged in these types of activities for the last several years should investigate their eligibility in claiming R&D Tax Credits.

By qualifying for federal R&D Tax Credits you may obtain significant cash refunds, and establish a methodology to continue claiming these credits for years. These credits are not deductions, but rather, dollar-for-dollar credits which will directly reduce taxes due or taxes already paid, that can generate "bottom-line revenue." For example, if your company operates on a 5% net income rate, an R&D credit of $100,000 is the equivalent to $2,000,000 in gross revenues.

What are R&D Tax Credit Service?
The R&D Tax is an incentive for greater private industry research investments. Recognizing that technological innovation drives economic growth, productivity, and competitiveness, the purpose of the credit was to reverse a decline in non-governmental U.S. research and development efforts and encourage U.S. companies to expand their research activities increase innovation in order to better compete in the global marketplace.

The tax credit is known as a recovery or reimbursement amount, intended as an offset to offer substantial financial incentives to profitable companies engaged in certain types qualifying development and processing activities. When the R&D Tax Credit was enacted, it was intended for businesses of all sizes. Unfortunately, the scope and complexity and extensive documentation requirements made it difficult for smaller companies to take advantage of. Now due to proprietary software and systems, many other companies can employ the same advantages as larger companies that can afford the fees of the Big4 tax firms.

Benefits of Capturing R&D Tax Credits for your Company
-Immediate source of cash (tax refunds) by capturing and recovering tax credits for prior year(s)
-Reduction of your company's effective tax rate
-Source of permanent tax savings and financial statement benefits
-Increase in market value, cash flows, and return on equity for your company
-Source of potential future tax benefits by utilizing carry-forward tax credits for 20 years

Our methodology
If you've never taken advantage of or claimed R&D Tax Credits, our approach is simple. After each phase, you decide, based on the results of the previous phase on how you want to proceed.

-No-Cost, No-Obligation Feasibility Study/Assessment (estimate benefit/cost to claim credits)
-Calculate actual credits
-Prepare tax forms and returns
-Document qualified costs and activities
-Develop and implement process to identify, document, and calculate future credits
-Manage and support exams, appeals and litigation