(619) 578-2514 info@jmmontoyacpa.com

Let Uncle Sam Chip in for Your R&D Efforts

Many businesses are surprised to learn they qualify

If your business uses technology in some way to develop, design or improve something—such as products, techniques, formulas or software—there’s a good chance we can help you obtain the Research & Development (R&D) Tax Credit. This complex tax incentive was designed to encourage develop in just about every industry. Instead of simply deducting your R&D costs as business expenses, the R&D Tax Credit gives you a tax credit equal to 10 to 20% of your eligible R&D costs.

As experts in this area, we’ve successfully helped a wide range of businesses receive this tax credit. For example, one of our clients developed customized webinars. Another tested various techniques for loading solar panels onto roofs. Others are in fields that are more commonly associated with R&D, such as software development, manufacturing and engineering. All have received tax credits of approximately $25,000 to $30,000 per year.

You can even qualify for costs incurred 3 or 4 years ago

If you didn’t realize the government considers your activities to be “research and development” you’ll be pleasantly surprised to learn that we can go back four years on Federal returns and three years on California returns to recapture this tax credit. We amend your returns, and the government sends you a check.

Call us at 619-578-2514 today to find out if you qualify for the R&D Tax Credit. We have over 15 years of experience with this often-overlooked tax incentive, and offer complete audit defense.

We offer a flat fee structure and audit defense on all research and development tax credit studies.