Boiler and tank manufacturers
Can Qualify for the R&D Tax Credit
Have you been performing these day-to-day activities?
- Evaluating design parameters of finalized systems to ensure functionality criteria are achieved;
- Performing various design iterations, drafting models, & calculations to finalize the appropriate fabrication method for custom projects; or
- Determining the appropriate manufacturing methodology, including: CNC programming, weld qualifications and procedures, and test fixture development.
Schedule a free consultation to quickly find out if your business qualifies.
We’ll discuss your eligibility and help estimate your potential tax benefit.
Importance of
R&D Tax Credit
The R&D Tax Credit was introduced in 1981 to increase technical jobs in America by encouraging businesses to invest in innovation. It is now the most significant permanent tax credit available. As the competition within the American marketplace continues to intensify, companies need to utilize every resource they can. This credit intends to support innovative industries, like semiconductors, so they can reallocate funds back into their businesses to help with the following:
- Retaining and attracting more technical talent;
- Growth strategy; and
- Remaining competitive.
5 Myths and Misunderstandings About the Credit
Unfortunately, only one out of twenty small and medium sized companies are eligible for this credit takes advantage of it. Here are some of the myths that hold them back:
- The tax credit is only for companies that invent something brand new.
- This benefit is for businesses with research labs.
- The credit won’t help me with my state taxes or my bottom line.
- It’s all too good to be true!
- There will be a tax reform and the R&D credit will go away.
Industry Association Partner
Success Story from Our Client
Engineering Solutions firm
ANNUAL REVENUE:
$3.3 MM
NO. OF EMPLOYEES:
5
TOTAL CREDITS EARNED:
$67,000
Success Stories from Our Clients
Engineering Solutions firm
ANNUAL REVENUE:
$3.3 MM
ANNUAL REVENUE:
5
TOTAL CREDITS EARNED:
$67,000
Financial Mgmt. Platform
ANNUAL REVENUE:
$123 MM
TOTAL CREDITS EARNED:
$1.3 MM
E-commerce Platform
ANNUAL REVENUE:
$31 MM
TOTAL CREDITS EARNED:
$2.25 MM
Why alliantgroup?
We are the leading experts in tax credits and incentives. Since 2002, we have helped US businesses grow their operations and stay ahead of the competition. To date, we have delivered billions in refunds to over 27,000 businesses.
800+ Industry Experts
Our professionals know your business inside and out and know what qualifies to ensure the most lucrative refund. No other firm offers professionals versed in your industry.
Four Former IRS and Division Commissioners
Our former commissioners are the preeminent experts on IRS policy and ensure our practices and procedures align with the service’s expectations. No other firm offers this level of oversight.
Former Legislators
Our former policymakers understand the intent of tax law and why they apply to your business. As part of our team, they advocate for our clients and help them take advantage of federal funds. No other firm understands tax law to this extent.
Why Businesses Choose alliantgroup
Hear from a client how alliantgroup helped increase his bottom line.
WHITEPAPER
Your Checklist for R&D Providers
TESTIMONIALS
Hear From Our Clients
We could fully rely on alliantgroup’s professional associates to guide us and answer any questions we had. Because of their complete knowledge of the R&D Tax Credit, and their thorough approach to building our analysis, we felt secure filing the numbers they provided.
Data Analytics Company
# of Employees:
72
The professionals from alliantgroup did an amazing job of walking us through the technical aspects of the credit and why we qualified in a BIG way! The project team was very coordinated and took the burden off my team, allowing us to focus on other things.
E-commerce Platform
# of Employees:
145
Maximize Your R&D Tax Credit
We’ll help determine your eligibility, document your processes, and maximize your refund. Let’s get started!