Research and Development Credits
Your commitment to improving and implementing processes and products should not go unnoticed. Did you know that the time, effort and resources you put into research and development can qualify for tax credits?
Research and development (R&D) tax credits are tax incentives provided by the federal (and state) government that can significantly reduce the tax liability of a business that incurs qualified research expenses. Any business that uses technology in the development of new or improved products or processes, uses technology and experimentation to solve for an unknown, or discovers information that is technological in nature can benefit.
Beene Garter's professionals strive to give small to medium-sized companies the benefit of R&D tax credits. These credits may be available to your business - potentially saving you thousands of dollars in taxes.
Our research and development credit services include:
- Pre-qualification and introduction meeting to determine the cost/benefit of conducting a study
- Development of project timelines, scope and client involvement schedule once cost/benefit is established
- Creation of a detailed requirements list to assist the client while the study is being conducted
- Conduct interviews and information gathering sessions
- Preparation of study report and approval of study findings
- Publication of final reports
- Amendment of any prior tax returns
