A lot has happened in the last two decades for U.S. businesses. From elections to tax reform to shifts in the global economy, more and more businesses have had to evolve and adapt their strategy within their respective industry to remain competitive. While the changes have been mixed depending on who are you and what you do, one thing that has improved across all industries is the Section 41: R&D Tax Credit – the largest tax credit available for U.S. businesses.
The credit applies to over 50 industries, from agriculture to software and tech and everything in between. Businesses can claim based on the work they are already doing everyday. As long as a company is developing, designing or improving products, processes, formulas or software, they can qualify for this powerful incentive.
alliantgroup has assembled some of the best in the industry to research and provide the information you need to fully understand how the Section 41 can truly benefit your business. Section 41 has sometimes been referred to as the R&D Credit and you may have read about it in Rick Lazio’s article on Financing Alternatives to the PPP. You may also have read about the power of Section 41 in Forbes, Fortune and Politico but for a more in depth look, be sure to read our white paper.
In this white paper, you will learn:
- Which industries and companies are benefiting the most from the R&D credit
- Why changes relating to laws, regulations, guidance and court decisions have greatly expanded the amount of companies that are eligible for the credit
- Why business owners and CPAs tend to overlook the R&D credit in regards to their tax planning
You can also find out how your business may already qualify with a quick 5-minute call with one of our specialist. Give us a call at 844-898-3280 to find out if we can help put money back in your business today.
R&D Tax Credits White Paper
To download the white paper, please complete this form.