Everything you need to know about the Research Credit.2019-01-24T09:32:18-06:00


Let’s talk Research Credit.

The R&D Tax Credit can be complicated, hard to understand and even harder to defend if done incorrectly. This page has been designed to answer all commonly asked questions about the Research Credit.

The video in this section is from our webinar series and will give you a full understanding of this valuable tax credit.

Schedule Call Now

How does it work?

How does Titan Armor defend the R&D Tax Credit?

WATCH: Learn how Titan Armor works.

How does this apply to you?

The odds are that you are paying far more than your competition in taxes if you’re not clear on the tax laws surrounding it.

Let’s face it – tax laws are complicated and without proper guidance they can be very risky.

Our FAQ below will cover the top four questions we encounter weekly.

How does the Research Credit apply to you?

Understanding the R&D Credit

Click on one of the four topics below to showcase the content.

The R&D Tax Credit was created by Congress to:

  • Fuel American innovation by reducing the tax bill of qualified businesses.
  • Protect American jobs by keeping our technological capabilities within the United States.
  • Drive Gross Domestic Product (GDP) by investing in companies that showcase innovation.
  • Keep American businesses thriving by offsetting the cost of our premium American workforce.

Prior to 2016 – the R&D Tax Credit could not be taken against AMT. That’s all changed now.

That means if you run a company and AMT has traditionally kept you from further reducing your tax liability, 2016 is your year.

Now you can use the R&D Tax Credit to reduce your tax bill below AMT.

That’s why 2016 and beyond is the time to jump on the R&D Tax Credit.

If you are unsure whether or not your business qualifies as “innovative” – there’s more good news:

Starting in 2001 – Congress evolved the definition to include any activities (products, processes, software, techniques, or formulas) that are new and improved for the company.

In other words – if you’re creating or improving something, whether it’s new to the world or just new to you, you can and should be claiming the research credit.

Industries that benefit the most from the R&D Tax Credit.

Architects & Engineers, Job Shops

Manufacturers, Software Developers

How much is this credit worth to you? Click below to estimate your credit.

The R&D Tax Credit can be substantial, and if you want to reduce your tax burden by claiming the credit, you have a responsibility to make sure it’s defensible.

You’ll need to make sure you adhere to the IRS guidelines and properly track costs associated with R&D-related tasks.

That’s where Titan Armor comes in to ensure effective execution.

Titan Armor offers the easiest and most defensible way to claim the R&D Tax Credit.

Titan Engineering knows the R&D tax credit inside and out – and we can show you how to track and claim your research credit without stress or confusion.

So stop overpaying your taxes and start protecting your American innovation!

Estimate Your Benefit

The Most Reliable, Defensible, and Cost-Effective Way to Claim the R&D Tax Credit.

Titan Armor proudly defended over $30M in R&D Tax Credits and counting.

The Titan Armor Story

Titan Armor R&D Tax Software on iPhone.Timeline:

  • In 1981, the R&D tax credit was put in place, but for 20 years it was only available to companies that were doing things that were considered patentable.
  • This changed in 2001, when Congress changed the definition of R&D to open up the credit to mid-market companies. However, claiming the research credit required engineering, accounting and legal analysis – which most accounting firms did not have. S0 – they started hiring R&D consulting firms at a very costly expense.
  • Fast-forward to 2008 and the Treasury Department published guidance saying they disapproved of “year-end estimating” as a way of claiming the R&D credit. That was the very way these R&D consulting firms were claiming the credit at that time.

During this turmoil within the accounting world – Titan Engineering was hired to build a custom software solution to help a client who was being audited during this time of transition.

After sitting down with the IRS auditors and walking step-by-step through what they were looking for when deciding to allow or disallow research credits – Titan Engineering was able to piece together the first software solution capable of delivering exactly what the IRS wants to see and how they want to see it.

Estimate Your Benefit

Questions? Schedule a quick call today.

Do you qualify for the R&D Tax Credit?
How does the software work and what all can it do?
Click above to schedule a call with our R&D Tax experts.
Click Me