Click here for R&D Tax Credit Assessment Tool

Contrary to popular myth, this credit is not limited to companies in the high-tech, biotech and pharmaceutical sectors. In recent years, there has been significant clarification to the R&D tax code which establishes more lenient interpretation of what qualifies. Today, the R&D Tax Credit can apply to a variety of areas including manufacturing, engineering, quality assurance, marketing and information technology.

• manufacture products?
• develop new, improved or more reliable products/processes/formulas?
• develop prototypes and models including computer generated models?
• design tools, jobs, molds and dies?
• develop or apply for patents?
• perform certification testing?
• conduct testing of new concepts and technology?
• develop new technology?
• attempt using new materials?
• perform environmental testing?
• add new equipment?
• develop or improve production/manufacturing process?
• develop software or hardware?
• improve or build new manufacturing facilities?
• automate/streamline internal processes?

• does your company hire outside consultants/contractors to do any of these activities?