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 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 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 […]
R&D Tax Credits for Food Sciences
Food Science Industries Research and development has become a major factor in the productivity and growth of the food industry business due to consumer demands for fresher products that are made without artificial colors or flavors, and are free of preservatives, hydrogenated fats, or GMOs. As time has progressed, newly developed processes and products have […]
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 […]