The R&D Tax Credit is a straight decrease of the taxes you owe, depending on expenditures, as opposed to reducing your tax liability like a deduction would. By submitting updated forms for any open tax years, typically the past three years, companies can collect the R&D credit retroactively. Our staff conducts a scientific and technical evaluation of any prospective qualified projects or "initiatives" your company has taken on. We collaborate closely with your CPA to submit the required state and federal taxes forms, and we'll also give you a documented R&D report that explains how and why your assertions are fully supported. Contact us at (888) 539-5166 for our services.
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