R&D Credit

The R&D Four-Part Test Cheat Sheet

By |2019-09-27T14:17:15-06:00August 21st, 2019|R&D Credit|

Do your projects qualify for the R&D Tax Credit? Checking off each section of the Four-Part Test qualifies your projects as "Qualified Research Activities." Check out our blog post The R&D Four-Part Test for a deeper dive.  Alternatively, check out the below "cheat sheet" for what The Four-Part Test entails. FREE: R&D CREDIT RESOURCES

What Does Nexus Have to Do With the R&D Tax Credit?

By |2019-09-27T14:27:13-06:00July 3rd, 2019|R&D Credit|

What is Nexus? Sounds like a nerdy scientific term, right? Well, it’s more like a nerdy tax term that is a major component of accurately claiming the R&D Tax Credit. For the research credit, Nexus is defined as the process of providing documentation between Qualified Research Activities (QRAs), also known as a R&D Business Components

The R&D Four-Part Test

By |2019-09-30T15:10:17-06:00May 28th, 2019|R&D Credit|

Did you know the R&D Tax Credit was originally for those experimenting in white lab coats? While many think that this still stands true today, the R&D Tax Credit has evolved throughout the years to include more than just nerdy laboratory scientists! The most common industries that qualify for the R&D Tax Credit include manufacturing

How Do I Calculate the (RD) Research Credit?

By |2019-09-27T14:22:28-06:00January 14th, 2019|R&D Credit|

To calculate the R&D Tax Credit, you need to complete IRS Form 6765 and include it as a part of your company's tax return. The challenge is, your CPA can't do it without YOUR help - you need to give him/her your total Qualified Research Expenses (QREs). In addition, the Form can be a

How to Make Your R&D Tax Credit Defensible

By |2019-09-27T14:23:09-06:00March 25th, 2018|R&D Credit|

Below are helpful tips to implement in order to make your R&D Tax Credit Calculation "bulletproof."  If your company relies on the hard sciences or uses technology to create or improve products or processes, you may be engaging in qualified R&D activities and be eligible for the Research & Development Tax Credit. Here's an excerpt from an IRS Field

What Makes a Good Production Plan?

By |2019-01-16T10:23:40-07:00December 17th, 2017|News, R&D Credit|

To maximize productivity, every company needs a sound production plan. However, effective planning is a complex process that covers a wide variety of activities to ensure that materials, equipment and human resources are available when and where they are needed. Production planning is like a roadmap: It helps you know where you are going and how long

6 Ways R&D Tax Credits Can Help Save You Money.

By |2020-11-20T02:00:43-07:00September 13th, 2017|R&D Credit|

For many entrepreneurs, day-to-day tasks are marked by notable levels of exploration and innovation. And while a creative spirit is an important quality in a business leader, so is financial prowess. It’s likely that many entrepreneurs are doing work that qualifies for the Research and Development (R&D) Tax Credit and the substantial cash savings it

Small businesses to take the R&D Tax Credit against their AMT.

By |2017-09-13T07:34:10-06:00August 19th, 2017|R&D Credit|

The tax deal just put forward by the Congress not only makes the R&D tax credit permanent but also includes two key changes to the R&D tax credit which will be of enormous benefit to innovative small businesses – and especially startups. Business owners need to pay close attention. First, the legislation allows small businesses

The Secrets of Claiming the R&D Tax Credit.

By |2020-11-20T02:00:43-07:00August 11th, 2017|R&D Credit|

There are plenty of myths and urban legends about the R&D Tax Credit – such as that it's only for large companies or for certain industries. But listening to this kind of talk could be a big mistake. The fact is that the R&D tax credit is quite broad. Oh and yes, it can be

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