What Qualifies Businesses
for the R&D Tax Credit?
Many businesses are still unaware they qualify for this credit. A wide range of industries, such as software development, manufacturing, engineering, crop and animal production, food processing, construction, and more, qualify for the R&D Credit.
Eligibility for the R&D Credit extends beyond product development to include activities such as the latest manufacturing methods, software development, and quality improvements.
So, if your company does any of the following, your business likely qualifies for this credit:
- Develops or design new products or processes;
- Enhances existing products or processes; or
- Improves upon existing prototypes and software.
We’ll discuss your eligibility and help estimate your potential tax benefit.
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 so they can reallocate funds back into their businesses to help with the following:
R&D Tax Credit 5 Myths and Misunderstandings
Unfortunately, only one out of twenty small and medium-sized companies eligible for this credit take advantage of it. Here are some of the myths that hold them back:
Success Stories from Our Clients
Companies already claiming the R&D Credit, saved more with alliantgroup!
Process Equipment Manufacturer
Software Consulting Company
MEP Engineering Firm
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.
Why Businesses Choose alliantgroup
Hear from a client how alliantgroup helped increase his bottom line.
Your Checklist for R&D Providers
R&D | Providers Checklist
Please complete the form below to download the R&D providers checklist and find what will work best for your business
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We’ll discuss your eligibility and help estimate your potential