Armor’s Software breaks R&D down step-by-step.
How does the tax law work?
The only legitimate and defensible way to claim the R&D Tax Credit is to track costs spent on R&D-related tasks as they are done. This is called Contemporaneous Nexus, and it’s what the IRS wants to see when auditing R&D credits.
The only problem is – keeping track of R&D projects, labor, supplies, and contractor costs as it happens can be frustrating for both you and your employees. That’s why we built Armor – a cloud-based solution that makes it easy.