Research & Development Tax Credit


Does your company invest in the development of new or improved products or improvements to your current production process?

If so, your company may be eligible for the R&D tax credit. This credit results in immediate reduction of your current taxes and can also result in refunds through amending previous years' tax returns.

Recent legislation has expanded the number of available calculation methods, potentially enabling more companies to qualify for this valuable credit. We have the resources and specific expertise to navigate the complexities of the credit to maximize the tax savings your company deserves.

What qualifies as Research?

Research activities meeting the following four requirements may qualify for the R&D Credit:

1 – The activity must be for a permitted purpose.
2 – The activity must be technological in nature.
3 – The activity must be undertaken to eliminate uncertainty.
4 – The activity must involve a process of experimentation.

Want More Information?
For details about R&D Tax Credits, please contact Mike Vogel, CPA at (812) 491-1358