We conduct the R&D Tax Credit Study utilizing alliantgroup's proven tax consulting process and formalized research credit study methodology.

These proprietary processes and methodologies provide for an effective tax credit study. Our credit review focuses on identifying and substantiating qualified research costs throughout the Company, from wages to supplies to outsourced contract research expenditures.

We conduct the study in three phases, which encompass the following areas:

Phase 1 – Assessment and Feasibility: Our work during Phase 1 focuses on obtaining an understanding of your company’s business and research and development activities. During the Assessment and Feasibility Phase, alliantgroup performs preliminary analysis and interviews with key personnel to identify projects, departments, processes, technologies, department leaders, and project managers where potential qualifying research expenditures may be found. In addition, we evaluate the type and availability of contemporaneous documentation to substantiate the qualified research expenditures. Using the information gathered, we determine the potential tax savings and future benefits of conducting the Research and Experimentation Tax Credit Study.

We believe each study requires a unique approach. Phase I allows us to gain detailed understanding of your company so that we can tailor the study around your unique circumstances.

Phase 2 – Design and Implementation: In Phase 2, alliantgroup designs a detailed work plan and executes the associated implementation strategy. We interview additional Company personnel, analyze contemporaneous documentation, link personnel and projects to finalize the quantitative calculation, and gather documentation needed to complete the analysis. This phase entails a full analysis of technical issues related to qualified R&D projects, detailed collection of eligible expenditures, and identification and documentation of qualifying expenditures.

Phase 3 – Reporting: This phase includes the preparation and delivery of the detail R&D Study and its quantitative and qualitative components, which will serve as the Company’s documentation supporting the R&D tax credits claimed. The Reporting phase also includes the preparation of the required amended tax returns. The R&D report is designed and organized to allow for a clear audit trail for the IRS.

The complex nature of the research tax credit rules makes it difficult for many companies to take full advantage of the R&D tax credit. Procuring these tax benefits requires a deep understanding of the Internal Revenue Code (and associated Regulations) and the experience that comes only from conducting numerous successful research and development tax credit studies.

alliantgroup’s R&D professionals consist of attorneys, accountants, engineers, software developers, and scientists who have the experience and the technical capabilities to identify and maximize the research and development tax credits available to our potential clients. Specifically, our technical personnel can speak to your technical personnel on a level that no one else is able to achieve. This type of communication, coupled with our breadth and depth of R&D tax experience, lends itself to an unparalleled level of service which is unmatched by any other professional services firm. Our specific industry expertise combined with our breadth and depth of R&D tax experience offers clients a powerful and unparalleled level of service which is unmatched by any other professional services firm.

Our job does not end with delivery of the R&D study. We are here for you throughout the entire R&D study process. If the IRS or a state agency needs further clarification of the R&D claim, alliantgroup’s industry and tax experts will shepherd you through the entire claim and defense (if necessary) process. Please call us and let alliantgroup’s dedicated R&D Tax Services Group show you why we are the best at what we do.