Agriculture

The R&D Tax Credit can provide an immediate source of cash as well as a significant reduction to current and future years’ federal and state tax liabilities.

Agriculture Company (Poultry)

Annual Revenue: $183 Million

Results

$3.2 Million in Federal & State R&D Tax Credits

 

Agriculture Company (Feed Mill)

Annual Revenue: $80 Million

Results

$505,000 in Federal & State R&D Tax Credits

 

Agriculture Company (Dairy)

Annual Revenue: $9 Million

Results

$163,000 in Federal & State R&D Tax Credits

 

Agriculture Company (Poultry)

After taking on several projects, the company designed entirely new products that differed in concept from existing offerings. For example, for poultry processing projects, the company overcame uncertainty relating to the method by which to include various ingredients within the poultry. This required special processes to achieve the desired browning when cooked. The company experimented with cooking and seasoning related product design elements to create the juiciness and flavor of their more traditional poultry products.

This is just one example of the many ways your company could qualify!

Agriculture Company (Feed Mill)

This company expended significant resources in conceptualizing and designing feed mills that met specific quality/performance requirements set by the industry. They designed, tested and evaluated individual machines to determine how each performed within the manufacturing process and, most importantly, to determine the nutritional quality of the feed produced. The company was able to work through all machine and feed quality/performance issues until all specifications were met.

This is just one example of the many ways your company could qualify!

Agriculture Company (Dairy)

This company undertook projects to develop new electrical components to be used in conjunction with the company’s line of cattle cooling products. As a result of the design, there were uncertainties at the beginning of each project. The company undertook a multi-phase development process to achieve the optimal design to meet all project requirements. They were not certain about the final design until they engaged in the following phases: project planning, drafting functional and technical specifications, schematics and quality assurance.

This is just one example of the many ways your company could qualify!

To see if you qualify for a state or federal R&D Credit, please complete our form below.