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Research & Development Tax Credit
One of the Most Lucrative Tax Credits Available for Business
One of the Most Lucrative Tax Credits Available for Business
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Encouraging innovation in businesses across the United States.
The U.S. tax court and states alike have ruled in favor of business activities that make jobs faster and more efficient. This could be anybody from a contractor who uses new materials to create green, energy efficient improvements, to a manufacturer improving production processes through investment in new technology. The R&D tax credit is now available to any U.S. business that spends time and resources on new development, improvements, or technological advancements in effort to improve upon its products or processes. The credit could also be available to American Business owners that have improved upon the performance, functionality, reliability, or quality of existing products or trade processes. |
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"Too often small and medium businesses just simply are not taking advantage of the R&D... 90% of life is just showing up. The same is true with tax.
Business owners should learn about the tax incentives available for you. These incentives can help your business succeed and thrive." - Senator Chuck Grassley, speaking about the R&D tax credit Hear the full speech. |
You could be leaving thousands of dollars behind.
Many misconceptions surrounding the new regulations are that it is difficult to apply for the credits and that it is restricted to a small group of industries. This could not be further from the truth. The business tax incentive process is easier to navigate and you may be able to go back three years to file for credits that were earned but not claimed.
Now is the time to work through the Business Qualification Process and see if you have left some valuable business incentive credits on the table.
Many misconceptions surrounding the new regulations are that it is difficult to apply for the credits and that it is restricted to a small group of industries. This could not be further from the truth. The business tax incentive process is easier to navigate and you may be able to go back three years to file for credits that were earned but not claimed.
Now is the time to work through the Business Qualification Process and see if you have left some valuable business incentive credits on the table.
