How We Help Your Business

The Federal Government and many states are strongly encouraging you to take advantage of the R&D Tax Credit and reinvest the savings back into your business to be more competitive.

When Congress enacted the R&D (research and development) Tax Credit in 1981, it fully intended for the credit to be used by businesses of all sizes. However, this did not occur for a variety of reasons. So, in the early days, the only companies taking advantage of this benefit were big businesses.

Today, after 27 years of changing the tax code and increasing government incentives, the R&D Tax Credit has become popular among small and mid-size businesses in more than 40 industries. 

Given the R&D tax credit remains a highly specialized section of the tax code, CPA firms nationwide rely on BLG as their trusted specialist when it comes to addressing the R&D needs of their clients. 

Industries Served

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Manufacturing

You develop or improve products or processes for yourself or your customers. Or, you're improving your production methods to make them more efficient and cost effective.

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Software

You develop or improve software that is licensed to others, your customers need to conduct business with you, or supports core internal business functions.

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Other

Broad categories could include engineering, construction, professional services, environmental and life sciences, and technology. 

Am I Doing R&D?

"I am amazed how many companies do not realize or understand the IRS's definition of R&D tax credits.

If you make or improve a product or process, either for yourself or your customer, you have activities that qualify for the R&D Tax Credit.

This credit can substantially reduce your federal and state tax liability."

Benjamin Rashleger, Former President, WSI Industries, Monticello, MN

What Our Customers Have To Say

“The reason we feel that the R&D Tax Credit is important is simple — it saves us money. This is money we can reinvest back into our business. We have been extremely satisfied with Black Line Group’s services. They make the process relatively easy and have contributed to the reduction of our tax liability. After three consecutive years of engagement, we can confidently say that they are the experts in the R&D tax credit field.”

“Our company has worked with Black Line Group and filed for an R&D Tax Credit since the 2010 tax year. We had filed for this credit in the past but got away from using it for several years until engaging Black Line Group. It is a detailed process that Black Line Group has a great deal of experience in, and not something we would have been successful in doing ourselves. We know and hear from other NTMA members that there has been a lot of concern regarding audits by the IRS in regards to companies that file for this credit. In most of the instances of an audit, it was a result of trying to go back and amend prior year returns. In our case, we chose not to go back and amend, but to simply claim credits for the current tax year and beyond."

“We would like to say thank you for the great service we received from Black Line Group regarding the R&D Tax Credit Study you performed for us earlier this year. We noticed your booth at the NTMA conference in Colorado and realized it was time to get started on identifying and tracking our R&D efforts. LeanWerks is a production manufacturing facility and Black Line was able to help us identify all of our qualifying expenses for three years via a smooth and organized process. In addition, the documentation was provided for our tax accountants to immediately begin the amendment process without any further work on our part. The fee for this R&D service was fair and it more than paid for itself in credits. We received substantial federal and Utah state tax credits to apply to previous taxes and/or carry forward for future years. We would highly recommend the Black Line Group to other companies! We look forward to seeing you at the NTMA conference next year! Thanks again!”

“I would like to take a moment to thank you for the experience we had with Black Line Group. R&D tax credits are very important to organizations like ours. Custom manufacturers in the U.S. must find ways to add value through the best technology. We do this through engineering excellence. R&D tax credits provide a means to cushion the heavy costs that many times may never be recovered. Black Line Group made the sometimes exhausting preparation seem simple. I was personally involved with the process prior to Black Line and with Black Line. Black Line assigned an individual that actually knew something about our industry and our processes for R&D activity. Black Line is clearly the right partner for organizations like ours.”

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How Big is Your Credit?

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