Business Investment Tax Recovery

Encouraging innovation in businesses across the United States.

The U.S. tax court and states alike have ruled in favor of business activities that make jobs faster and more efficient. This could be anybody from a contractor who uses new materials to create green, energy efficient improvements, to a manufacturer improving production processes through investment in new technology.

The R&D tax credit is now available to any U.S. business that spends time and resources on new development, improvements, or technological advancements in effort to improve upon its products or processes. The credit could also be available to American Business owners that have improved upon the performance, functionality, reliability, or quality of existing products or trade processes.

Learn More About the History

What might qualify?

• Wages paid to employees for qualified services
  This includes amounts considered to be wages for federal income tax withholding purposes.
• Basic research payments
  Payments made to qualified educational institutions and various scientific research organizations, allowable up to 75% of the actual cost.
• Supplies
  This may include any property not subject to depreciation used and consumed in the R&D process.
• Third party contract expenses
  This includes expenses for performing QRAs on behalf of the taxpayer, regardless of the success of the research, allowable up to 65% of the actual cost.