Congress Approves 100% Bonus Depreciation for Real Estate Investments. R&D Tax Credit Deadline is July 6, 2026 - Restore 2022-2024 Expensing

Innovation Tax Incentives

R&D Tax Credits

Maximize your innovation investments with R&D tax credits for qualifying research and development activities. Available across multiple industries.

Average Credit Value

250,000+

Per claim on average

ROI

15x

Average return on investment

Time to Complete

3-4 weeks

For most companies

Key Benefits

Why Choose R&D Tax Credits?

Transform your innovation investments into substantial tax savings with our expert R&D tax credit services.

Research and Development tax credits (aka: R&D tax credits) are incentives offered by the government to encourage businesses to invest more in innovation and technological advancement. There are many benefits for implementing these tax incentives.

Average Credit

$125,000

Per claim across industries

Success Rate

95%

Claims approved

Time Saved

40+

Hours per claim

Qualification Process

The Four-Part Test

Understanding the IRS criteria for qualifying research and development activities. In order to qualify for research and development tax credits, businesses must meet the qualifications using the four part test IRS section 41 R&D tax credit.

New or Improved

Development of new or improved business components including products, processes, software, techniques, formulas, or inventions.

Technological in Nature

Activities must rely on hard sciences such as engineering, physics, biology, computer science, or chemistry.

Uncertainty Elimination

Research conducted to eliminate uncertainty regarding capability, methodology, or appropriate design.

Experimentation Process

Systematic evaluation of alternatives through modeling, simulation, trial and error, or other methods.

Industry Coverage

Qualifying Industries

R&D tax credits are available across a wide range of industries where innovation and technical development occur

Manufacturing

Innovative production processes and product development

  • New product development
  • Process improvements
  • Automation integration
  • Quality control systems

Software Development

Cutting-edge software solutions and technologies

  • Custom software creation
  • Integration testing
  • Cloud architecture
  • Mobile app development

Life Sciences

Groundbreaking research and medical innovations

Engineering & Architecture

Technical design and construction innovations

  • Structural design optimization
  • Building system improvements
  • Energy efficiency solutions
  • Construction method development

Agriculture & Food

Groundbreaking research and medical innovations

  • Crop yield improvements
  • Food processing innovation
  • Packaging development
  • Agricultural equipment design

Energy & Environment

Sustainable energy and environmental solutions

Documentation Required

What You'll Need for Your R&D Tax Credit Claim

Financial Records

  • Payroll records and W-2s
  • Time tracking reports
  • Contractor/consultant invoices
  • Supply and material costs

Technical Documentation

  • Project documentation
  • Design documents & specs
  • Testing protocols & results
  • Patents or patent applications

Business Records

  • Organizational charts
  • Meeting notes & emails
  • Progress reports
  • Product development timelines

Quick Estimate

R&D Tax Credit Calculator

Get an instant estimate of your potential R&D tax credit savings

Professional Calculator Coming Soon

We're developing a comprehensive R&D tax credit calculator that will provide you with accurate estimates based on your specific business activities and expenses.

What the Calculator Will Include:

In the meantime, our experts are ready to provide you with a free, personalized R&D tax credit assessment.

Expert Guidance

Get answers to the most common questions about R&D tax credits

What is the R&D Tax Credit?

The R&D tax credit offers a dollar-for-dollar reduction in a company's tax liability, or payroll taxes, aiming to encourage innovation and technological advancements in the U.S. It is calculated based on a company's eligible wages, technical consultants, and consumables for experimentation. The federal tax credit averages 14% of eligible costs.

R&D incentives are available for a variety of activities and expenses. These include software development, payroll expenses related to R&D activities, the creation of new manufacturing processes, and product innovation. Activities that would otherwise be considered 'day-to-day operations,' such as designing new products or analyzing market trends, may be eligible under this credit!

To qualify, the IRS has a four-part test: 1) New or Improved Business Component, 2) Activities Technological in Nature, 3) Elimination of Uncertainty, and 4) Process of Experimentation. Most companies don't realize their current development and research activities might already qualify.

Yes! R&D incentives can be ideal for startups—particularly those of a technical nature, such as in the fields of computer science or pharmaceuticals. The credits can deliver a financial windfall to qualifying taxpayers.