
R&D Tax Credit
Does your company rely on innovation?
You may be the perfect candidate.
The R&D Tax Credit is a federal benefit that provides companies dollar-for-dollar cash savings for performing activities around the development, design, or improvement of products, processes, formulas or software. The credit provides companies with cash to enhance their products or services, hire additional employees, expand their facilities, or increase their R&D efforts.
Enacted by Congress in 1981, the R&D Tax Credit is arguably one of the most important incentives our government has created to help support American businesses. By infusing cash into your business, it can help create and protect jobs, increase innovation, and enhance competitiveness. This benefit is available to a wide array of industries, including but not limited to:
Aerospace
Agriculture
Architecture & Engineering
Automobile
Brewing
Chemical & Formula
Construction
Fabrication
Food & Beverage
Foundry
Life Sciences
Machining
Manufacturing
Software Development
Tool & Die Casting
Transportation & Logistics
Winery & Vineyard
When most people think of Research & Development, they think of lab coats and beakers. The reality is, innovation comes in all forms. Schedule an initial consultation to see if your innovative company qualifies.
