Business Growth Services

R and D Tax Credits

Many businesses owners in nearly every industry are unaware that federal and state research and development (R&D) tax credit programs exist that may reward their day-to-day efforts aimed at producing an improved product. The Research and Development Tax Credit is a government-sponsored benefit that provides cash incentives for companies conducting R&D in the U.S. These economic incentives were implemented to stimulate research and development in industries of all sizes, to encourage companies to work together, and to transform the economic landscape.

The Research & Development (R&D) tax credit is for businesses of all sizes, not just major corporations with research labs, and many companies are surprised that they qualify. If you think you must have research labs with white-coated scientists to qualify, think again. Any company that designs, develops, or improves products, processes, techniques, formulas, inventions, or software may be eligible. In fact, if a company has simply invested time, money, and resources toward the advancement and improvement of its products and processes, it may qualify.

More than $5 billion in federal R&D tax credit benefits are given out annually.

Even better, under recently issued government regulations, more industries now qualify for the R&D tax credit than ever before. Plus, the R&D tax credit regulations allow eligible taxpayers to “look back” to all open tax years (typically three years plus the current year) for potential R&D credits that were never claimed.

MANTEC is partnered with alliantgroup to bring this valuable resource to you.



I Need More R and D Tax Credit Information

Select Your County

MANTEC Blog

A Blog Post About Lean Manufacturing

Sept 30, 2008 | Posted By: John Doe | Category: Lean Manufacturing

Ses stulta libroj promenos rapide. Nau arboj skribas kvar auxtoj. Kvin stratoj igxis kvar cxambroj. Ses kalkuliloj havas du bildoj, sed kvar rapida birdoj acxetis nau domoj. Kvar kalkuliloj parolis. Ses arboj trinkis nau bieroj. Kwarko varme havas kvin bona vojoj, kaj multaj hundoj batos Londono, sed kvin radioj tre stulte havas kvar vere.

Continue Reading | Comments (5)