Is my Company Eligible to Claim the R&D Credit?
Most likely yes! The U.S. Government reward the pursuit of innovation but most companies are unaware and missing out. If you're developing or improving a product, process or software, you are eligible regardless of the outcome. Companies claiming the tax credit sees an average tax savings of 13% of their R&D labor and supplies costs.
So what's the catch? Claiming the R&D credit is highly scrutinized by the IRS. Therefore, proper documentation and tracking of your R&D activities are required. It's why we built this tool!