We use cookies to improve your experience and optimize user-friendliness. Read our cookie policy for more information on the cookies we use and how to delete or block them. To continue browsing our site, please click accept.

Why You May Be Eligible For R&D Tax Credits

If you think you must have state-of-the-art research labs creating the next cutting-edge technology to qualify for a research and development (R&D) credit, think again. 

You’d be surprised to learn the very work you perform every day may translate into a federal or state credit, even if you don’t have taxable income.  In fact, any company that designs, develops, or improves products, processes, techniques, formulas, inventions, or software may be eligible to claim one of the most lucrative tax credits offered by the Internal Revenue Service.

With this exciting tax credit, companies are given an incentive and rewarded on their investment in their spend on innovation and technology.  Additionally, the opportunity for small businesses to use R&D tax credits to offset up to $250,000 in payroll taxes continues to exist in 2018 and beyond.

Please reach out to one of our R&D Tax credit experts to see what benefit your company might be missing out on. Our Firm’s experts are focused on the ins and outs of the Research and Development Tax Credit, working with researchers, scientists, engineers and software developers to understand their unique situations. The initial consultation is complimentary!  What do you have to lose? Fill in the form below and one of our experts will be in touch.

Authors: Kevin McNulty | kmcnulty@withum.com and Tyler Collins | tcollins@withum.com

How Can We Help?

If you would like to speak to one of our R&D Tax credit experts to see what benefit your company may be missing, fill in the form below.

Previous Post
Next Post
Article Sidebar Logo Stay Informed with Withum Subscribe
X

Get news updates and event information from Withum

Subscribe