R&D Tax Credits for Automotive Companies
Automotive Companies Companies within the automotive industry are able to qualify for R&D tax credits for the qualifying research activities and steps they are taking in order to make products and processes more efficient and environmentally friendly. This lucrative tax credit is sometimes overlooked because the qualifying activities often take place in the plant or […]
R&D Tax Credits for Financial Service Companies
Financial Service Companies Companies within the financial services industry are able to reap the benefits of R&D tax credits as a reward for their research activities. Many companies are performing qualifying activities daily to improve and develop their products, processes, software, and technology that qualifies them for R&D tax credits. Qualifying activities include Automating manual […]
R&D Tax Credits for Education Technology Companies
Education Technology Companies Companies that work in the education technology (EdTech) space are able to claim R&D tax credits for performing qualifying research activities with the intention of creating or enhancing the learning experience. Due to the rapidly increasing price of education, Edtech companies are offsetting the costs spent on creating innovative technology with R&D […]
R&D Tax Credits for Telecommunication Companies
Telecommunication Companies Many companies within the telecommunications industry are performing research activities that entitle them to possible R&D tax credits. Due to the growing nature of the industry, research and development activities performed to improve the products, processes, and software of a company could qualify them for the lucrative credit. Qualifying activities include Developing custom […]
R&D Tax Credits for Manufacturing Companies
Manufacturing Companies Manufacturing companies often miss out on claiming R&D credits simply because they don’t recognize their work as being innovative, but rather routine. R&D credits are available for manufacturers who are taking steps to improve the manufacturing process by making it more advanced, environmentally friendly, and efficient. Companies performing activities such as process design […]
R&D Tax Credits for Agriculture Companies
Agriculture Companies Companies in the agricultural and farming industries are often performing qualifying research and development activities without realizing they are eligible for R&D tax credits. When managing resources used in producing food, agricultural and farming businesses need to create innovative technology and systems. Companies may be taking part in qualifying research activities that allows […]
R&D Tax Credits for Oil and Gas Companies
Oil and Gas Companies The oil and gas industry is constantly contributing to America’s economy by heating our homes and fueling our cars. Oil and gas companies may not realize that the activities they’re performing to explore, produce, transport, and refine oil and gas more efficiently qualifies them for R&D credits. Oil and gas companies […]
R&D Tax Credits for Construction Companies
Construction Companies Innovation, research and development are not often connected to construction, but with the advances in digital technology and connectivity, influx of “green” buildings, and new sustainability standards are becoming more constant within the industry. In that, there has been an increase of innovative research and development that takes place during the planning and […]
R&D Tax Credits for Web Development Companies
Web Development Companies Website developers can qualify for R&D when they are performing research used for implementing a new system or process. Finding innovative solutions and technologies to improve the processes and value of a website often uses qualifying research activities that are able to reap the benefits of R&D credits. Qualifying processes include Making […]
R&D Tax Credits for Cosmetic Companies
Cosmetic Companies The cosmetic industry is one of the largest industries in the world, with a rapidly growing repertoire of beauty products and processes, and a registered annual revenue of over $54 Million. Each year, the cosmetic industry becomes more innovative and creative with their development processes in order to keep up with competitors, and […]