Streamline complexity of identifying qualifying activities and maximize tax savings.
R&D tax credits provide a significant return on investment for businesses across a wide range of industries by reducing tax liabilities. If your company is engaged in activities such as developing new products, processes, or technologies, or making substantial improvements to existing ones, you may qualify for federal and state R&D tax credits. These credits can help lower both your current and future tax burdens.
At Smith + Howard, our Specialty Tax Services Team partners with your business to identify a broad range of qualifying activities, helping you maximize your R&D credit benefits. Our services are tailored to streamline the entire process, allowing you to stay focused on driving innovation and growth for your company.
R&D opportunities are available across a wide range of industries. Qualified activities include use of software to deliver products, research, development and innovation. The IRS definition of qualified activities is broad and is not only applicable to new development. Among the industries our team has worked with to capture R&D opportunities are:
Our comprehensive process works to educate business leaders on the specifics behind the R&D credit rules, creating a collaborative environment that helps maximize the benefit available to the company. The Smith + Howard Specialty Tax Services team had a foundation of diverse public accounting experience before honing in on the intricacies of R&D credits. This background and singular focus on this area means that business leaders can have confidence that they will receive maximized return on their research and development investment.
Connect with our R&D experts today using the Contact an Advisor button.
At each step of the way, we will work with you to maintain compliance and minimize your taxes, while establishing a long-term relationship built on quality counsel and efficient, responsive service.
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