Research and Development Tax Credit for Architecture Firms
The Research and Development tax credit is a federal incentive for all US Businesses that engage in research and development activities. Some businesses engage in these activities more than others, and architecture firms are among one of the top placeholders. Claiming these on your taxes will give you more money to reinvest in your business. […]
R&D Tax Credits for Architecture / Engineering
Architecture / Engineering Architecture firms that work on projects that invest in energy efficiency and other day-to-day operations could be saving money through the tax incentives available to them. Many firms are frequently unaware they could be taking advantage of the R&D tax credits they qualify for. National Tax Group allows those companies to […]
R&D Tax Credits for Chemical Pharmaceutical Companies
Chemical Pharmaceutical Companies Companies within the chemical pharmaceutical industry are constantly investing money into the development and improvement of their formulas, drugs, and products by taking innovative steps to stand out in an industry that is rapidly growing and pushing out new discoveries. The Research and Development Tax Credit allows companies to offset their research […]
R&D Tax Credits for Computer Science Companies
Computer Science Companies The computer science industry is incredibly broad, with a wide variety of software and processes always being developed. Computer science companies are constantly pouring money into the development and improvement of processes and products, and most companies within the industry are eligible to take advantage of the Research and Development Tax Credit […]
R&D Tax Credits for Apparel and Textile Companies
Apparel and Textile Companies Companies within the apparel and textile industry are able to qualify for R&D tax credits for steps that are taken to improve or develop existing products, and manufacturing processes. Many companies are performing qualifying activities in their day to day operations already, including the construction of dye formulas, fabrics, waterproof clothing, […]
R&D Tax Credits for Startup Companies
Startup Companies Startup companies have been shutout in the past from obtaining R&D tax credits due to lacking tax income liabilities. Thanks to a 2016 provision made to the credit broadening the variety of industries that are able to qualify, startup companies are able to reap the benefits of R&D for their efforts in creating […]
R&D Tax Credits for Food and Beverage Companies
Food and Beverage Companies Companies within the food and beverage industry are constantly evolving to keep up with their competition, and the industry’s evolving health and safety standards. Many companies are able to reward themselves with R&D credits for the steps they are already taking to develop and improve their food and drink products. Qualifying […]
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 Renewable Energy Companies
Renewable Energy Companies Companies within the renewable energy sector are able to take advantage of R&D tax credits for their efforts aimed at developing new or improved solar products and processes. If your company has taken steps to create a reliable, renewable, and clean alternative for energy consumption, you are likely able to qualify for […]
R&D Tax Credits for Software Development Companies
Software Development Companies Software development companies that invest in research activities to improve software programs and systems often qualify for R&D credits. Research performed within a computer software project for the purpose of achieving an advancement in computer science or information technology often qualifies for the lucrative credit. Qualifying companies are able to use R&D […]