Tax Services
Research & Development Tax Credit
Advice that illuminates the opportunity for many business types to take advantage of R&D tax credits.
The Research & Development (R&D) tax credit rewards taxpayers for engaging in qualified research activities (QRAs) by providing a credit for a portion of their research expenses. If the activity in question can pass a simple four-part test, then it would be considered a qualified research activity and included in the computation of the R&D Credit, even for companies such as manufacturers, software and technology firms, food and beverage companies, and construction companies.
Our advisors guide you through each step in the process, from studying your activities and defining your QRAs to calculation and filing of your tax credit. We’ll help illuminate key tax savings opportunities by leveraging processes your business is already performing.
The credit can apply across a wide variety of business types and their industry-related activities, such as:
- the development of new bottling techniques at a brewery
- the improvement of processes at a manufacturing plant
- prototyping and modeling activities
Complete the form below to get in touch with our R&D Tax Credit advisors and find out if your business may qualify.
Abdo Insights
A behind-the-numbers view of best practices and holistic thinking.
Better tax break when applying the research credit against payroll taxes
The credit for increasing research activities is a valuable tax break for eligible businesses and has a feature that’s particularly favorable to eligible small businesses.
Prepare your manufacturing business for future tax law changes
With many provisions within the Tax Cuts and Jobs Act (TCJA) expiring in late 2025, several state and federal tax law changes may impact manufacturing businesses, including one that will impact manufacturers who engage in R&D.
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