Brewing

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.

R&D Tax Credit Brewing Industry

Brewing Company

Annual Revenue: $342 Million

Result

$850,000 in Federal R&D Tax Credits

 

R&D Tax Credit Brewing Industry

Brewing Company

Annual Revenue: $30 Million

Result

$82,000 in Federal R&D Tax Credits

 

R&D Tax Credit Brewing Industry

Brewing Company

Annual Revenue: $5 Million

Result

$36,000 in Federal R&D Tax Credits

 

Brewing Company

The company sought to create different brews to be fermented in barrels in order to lend a barrel-aged taste to the flavor profile. This required the brewing facilities to obtain a Farmer Brewing license. To comply with this requirement they ordered special brewing equipment and had it approved. Then they began developing the initial recipe formulations to create sample brews. Extensive tests were conducted and the company then undertook a series of tasting trials to evaluate them. They reviewed the feedback, modified the formulations and retested the samples.

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

Brewing Company

The company took on a project to introduce a stronger hops formulation without the bitterness typically encountered by the increase. They set out to improve the product development process through the implementation of a hop back device and through modifications to the fermentation tanks to enable improved exposure of the hops to the product formulation. Testing included the application of basic sciences to facilitate the development of a new or improved process until the company’s desired goals were met.

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

Brewing Company

The company undertook projects to brew formulations with unique base, develop improvements to the brew-house and invent a new packaging line. These projects required that the company develop the layout of the electrical service, the process flow of the piping systems and integrated various components into control systems. For the formulation changes, the company utilized the principles of chemistry in the development of the new packaging line and control systems.

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.