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The Research and Development (R&D) Tax Credit

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The R&D tax credit is a valuable incentive designed to encourage innovation and technological advancement in the United States. At SureAdvisors, we specialize in helping businesses like yours take full advantage of this credit to reduce tax liability and boost cash flow.

What is the R&D Tax Credit?

The R&D tax credit is a dollar-for-dollar reduction in federal income tax for companies that perform qualified research activities. It was made permanent by the Protecting Americans from Tax Hikes (PATH) Act of 2015 and expanded to benefit small businesses and startups as well as larger corporations.

Key Benefits:

  • Reduce federal income tax liability
  • Increase cash flow
  • Claim credits for up to 3-4 previous tax years
  • Lower effective tax rate

Who Can Claim the R&D Credit?

  • Software development
  • Manufacturing
  • Engineering
  • Life sciences
  • Food and beverage
  • Agriculture

If your company invests time, money and resources into developing new products, processes or software, you may be eligible. Our experts at SureAdvisors can help determine if your activities qualify.

Qualifying Research Activities

To qualify, research activities must meet the following criteria:

  • Attempt to develop new or improved products/processes
  • Rely on hard sciences like engineering or computer science
  • Involve experimentation to eliminate technical uncertainty
  • Have a permitted business purpose

How SureAdvisors Can Help

Our team of R&D tax credit specialists will:

  • Assess your eligibility and potential credit amount
  • Identify and document all qualifying activities and expenses
  • Prepare all required IRS forms and supporting documentation
  • Provide audit support if needed

We use advanced technology and decades of expertise to maximize your credit while ensuring full compliance. Don't leave money on the table - contact SureAdvisors today to learn how we can help reduce your tax burden through the R&D credit.

Frequently Asked Questions

How is the credit calculated?

The credit is generally 6-10% of qualified research expenses over a base amount. Our experts can determine the optimal calculation method for your business.

What expenses qualify?

Qualifying expenses typically include wages, supplies, and contract research costs related to qualified activities.

Can startups benefit?

Yes, eligible startups can use the credit to offset up to $250,000 in payroll taxes annually.

Have more questions? Contact the R&D tax credit experts at SureAdvisors for a free consultation.











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