R&D Tax Credit Services
for R&D tax credits
Partner with Aprio for a ready source of cash with confidence. Our dedicated team can help you increase cash flow, boost profitability or fund innovation through the skillful application of federal and state R&D tax credits.
Carli Huband, J.D., MTax
Managing Partner, Specialty Tax
Do you know how §174 R&D Deduction Changes will affect your tax position?
For tax purposes, companies are now required to capitalize and amortize investments in research and development (R&D) over 5 years for domestic activities or 15 for foreign activities. Businesses that have historically benefited from the favorable tax treatment of fully deducting R&D and software development expenditures “as incurred” could be facing a much larger tax burden.
These changes will have unavoidable implications on cash flow and taxable positions.
Just a few results
Aprio offers outcome driven full-service studies and audit defense of the Federal and State Credits for Increasing Research Activities (R&D Tax Credits).
Claim valuable R&D Tax credits
R&D Tax Credits result in an immediate benefit to a company by reducing, current and future years’ federal tax liability—creating a ready source of cash. The credit provides a dollar-for-dollar offset against taxes owed or paid, which differs from a deduction.
Work with a global leader in R&D tax credits
Aprio offers full-service studies and audit defense of the Federal and State Credits for Increasing Research Activities (R&D Tax Credits). Our team also offers comprehensive international R&D services. These include services relating to Canada’s Scientific Research and Experimental Development (SR&ED) tax incentive program, as well as R&D tax credits for companies operating in the United Kingdom.
Aprio’s R&D team leads because R&D is all we do
The credit can be used to offset Alternative Minimum Tax and payroll withholding in certain circumstances. As one of the largest research and development tax credit practices in the southeast, Aprio’s dedicated research and development tax credit team works exclusively on R&D Tax Credits, providing unparalleled expertise to help clients maximize the benefits of these valuable tax credits.
Aprio has more experience
than any firm in the US with the payroll withholding aspect of R&D tax credits.
We educate your personnel on qualified activities. This includes an overview of the tests outlined by the IRS that need to be performed for discovering technical information that is useful in the development of a new or improved business component.
We closely investigate qualified activities and associated qualified costs within your company. An initial research and development tax credit study requires the investigation of prior years’ activities.
Aprio interviews your technical staff, and carefully analyzes project and historical data to identify where potential qualifying R&D expenditures may be found. Our process has been proven successful through claims audited by the IRS.
We will leverage our technical expertise in preparing a calculation that maximizes your benefit. In addition to calculating the credit, we will substantiate the credit claim by referencing amounts to applicable source documentation.
We summarize our findings in an executive report. Our findings will also serve as audit support in the event the credit claimed is audited by taxing authorities. Aprio’s documentation stands up to the toughest scrutiny.
Work with Aprio to leverage R&D Tax Credits to fund innovation and support profitable growth
R&D Tax Credits result in an immediate benefit to a company by reducing current and future years' federal tax liability- creating a ready source of cash. The credit provides a dollar-for-dollar offset against taxes owed or paid, which differs from a deduction.
Partner with Aprio to claim valuable R&D tax credits with confidence.
Aprio performs hundreds of R&D Tax Credit studies each year, for companies performing R&D all over the country. These credits can provide your company with savings that can be reinvested into your business or used to improve your bottom line.
R&D Tax Credits FAQ
Articles & Downloadable Material
Educating clients is one of Aprio’s specialties. We work closely with you to make sure the R&D tax credit is right for your business and is in alignment with your current tax strategy and business goals. Here are some of the questions that we answer every day.
Increase ROI Across the Investment Lifecycle
What is “your next”?
Our tagline says it all. We are “passionate for what’s next.” Whatever lies ahead for your business, Aprio stands ready to help you advance. Our clients benefit from a proactive team of specialists that collaborate to build value, drive growth, manage risk and protect wealth.
Is it a fit?
Let's find out