TAKE ADVANTAGE OF RESEARCH & DEVELOPMENT TAX CREDITS Print E-mail

Tax Credit Incentives.

ARE YOU TAKING ADVANTAGE OF THE R&D TAX CREDIT INCENTIVES ALLOWED BY LAW? In December 2001, new tax regulations enabled small to mid-size companies to be eligible to take the R&D (wage based) Tax Credits.

Documentation and Discovery requirements were relaxed.      
The goal was to keep innovation and creativity in the U.S. And encourage economic growth.
Clients can now receive cash back and/or tax credit benefits for conducting technical       activities and meeting the tax regulation requirements.

THE R&D TAX CREDIT TEAM MUST BE COMPRISED OF THE FOLLOWING PERSONNEL:
IP Attorneys, tax attorneys      
Engineers and Scientists from various disciplines      
Audit Experts      
Client CPA/Trusted Advisor-involved every step of the way.

Our technical and legal staff work together at every step of our progress to efficiently perform the following activities to conduct R&D Tax Credit studies:
Collect necessary technical and financial data
Perform technical interviews and document qualified projects and activities     
Perform R&D Allocation interviews and document qualified expenditures and key employees'      involvement     
Perform research on case laws, technical briefing, private letter rulings, etc.
Interpret tax code and regulations     
Calculate the credit at Federal and State level
Defend the client in case of Audit (if needed)

THE R&D TECHNICAL REPORT
The R&D Study/Technical Report is where all the arguments, documentation of qualification and      quantification must coalesce into a coherent statement of why, when, where and how much.     The Study will convey the credit being taken and the basis for such amount.      For a credit with varying qualitative issues, the report is critical.

 

 

Contact Information

Office: 877-668-3651 Fax: 877-307-1166

Mailing Address: PO Box 1716 Maple Grove, MN 55311

Email: james@businesslendingsolutions.net

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