While our team includes CPAs, we are not a public accounting firm, and our services do not create conflicted loyalties.

• Every successful company is potentially eligible for this credit. Depending on the business, even your day-to-day operations qualify. It's just a matter of having a total understanding of what is and isn't allowed with this credit.
• Guidance in recent years by the Federal Government has clarified the R&D tax Credit rules, suggesting that more companies are eligible then previously thought, and regarding the types of documentation necessary to sustain a credit.
• Big business is getting the majority of all R&D tax credit dollars. Small businesses deserve their fair share. After all, they represent over 98% of businesses in the country.
• The tax credit is in addition to the tax deduction for R&D expenses. It is an actual dollar-for-dollar reduction against taxes currently owed and against taxes previously paid. Usually, this credit is available for the last three years in addition to the current year. However, a business can take the credit for any open tax years.
• Additional years may be available if the business is in a net operating loss or alternative minimum tax position.
• Unused Tax Credits can carry forward for twenty years.