Research & Development - Income Tax Credits. Are you leaving them behind?

Now that the federal income tax credit for increasing research activities is permanent many companies that have new inventions, projects, formulas, processes and computer programs are capturing federal income tax credits to offset their annual taxes. And most companies have a good process in place to capture the qualifying costs involved and getting the credit on their return.

But having a professional help clarify the rules and opportunities for your specific circumstances may substantially increase the value involved in this credit, simply because they know where to look and what questions to ask to help you maximize value and to understand what qualifies and what doesn't. Our process provides you the comfort level you need to work through this process and to help you determine you past, current and prospective values. Just give me a call or email me to set up a time to talk with you and your team.