R&D Tax Credit Services
The R&D tax credit incentivizes companies to invest in innovation. This federal incentive, which covers qualifying expenses related to developing new products, processes or technologies, however, is often underutilized. It’s not surprising that managers often overlook the research and development tax credit. Many are unsure whether they qualify or not and refrain from filing at all or don’t claim the full amount to which they are entitled. For companies in almost every industry, the credit is an important opportunity to benefit from investment in many forms of technology. Our specialized R&D tax credit services make the process seamless and beneficial for organizations.
Meet Our Professionals
With refunds that can be substantial, it pays to have our skilled specialists handling the process from assessment to application to completion.
PKF O’Connor Davies tax professionals have assisted clients across nearly all sectors in securing these valuable research and development (R&D) tax credits. We combine a deep knowledge of federal and state tax codes with an ever-current understanding of the technology and activities that qualify as research and development. Our R&D tax credit services focus on IRS requirements to help establish accuracy and full substantiation of all claims.
Capitalize on the Potential for Significant Financial Benefits
Our research and development tax credit services provide numerous potential advantages to a wide variety of businesses. Refunds can be gained even from taxes already paid and can lower current federal and state taxes. Sizeable refunds can enable management to unlock capital for reinvestment and heighten the value of a business to attract investors or buyers.
A Swift, Smooth Process
From start to finish, our team’s expertise and experience in R&D tax credit services facilitate a streamlined process while limiting the burden on clients’ people and resources – freeing management to concentrate on operating and growing the business.