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A Tax Credit For Work You’ve Already Done

Money for your company

Innovative companies across the US claim billions in R&D tax credits each year, but most still go to large corporations. Recent changes create new access for SMBs and even pre-revenue startups to one of America’s biggest tax incentives.

The impact

New ways to monetize

Claim against AMT or up to $250k payroll taxes per year

Software clarification

Simpler qualification for software projects

Here to stay

Permanently enacted into legislation with bi-partisan support

Do you qualify?

Are you creating or improving a product, process, formula, or software?

Do you incur expenses for wages, contractors, or supplies related to this work?

Businesses that qualify

Manufacturing

  • Experimenting with new defining specifications and design concepts
  • Engineering new processes and products
  • Enhancing existing product design
  • Enhancing production or manufacturing practices
  • Creating manufacturing plans
  • Simulating, engineering, modeling, and analyzing new processes or products
  • Creating specialized tooling and equipment used in the production process
  • Developing, creating, and testing prototypes
  • Examining sufficiency of a new or improved design
  • Developing software technology for customer and/or vendor interaction

Professional Services

  • Evaluating and integrating new technologies and materials
  • Creating and producing new or enhanced technologies
  • Engineering new and innovative structure designs
  • Creating new or improved products, systems, or materials
  • Developing new or improved tooling, machinery or equipment
  • Using CAD technology and BIM activities
  • Conducting scientific computations to assess physical properties of materials
  • Evaluating alternative design materials, methods, and subcomponents
  • Inventing or enhancing LEED or energy-efficient systems and structures
  • Designing and developing new or enhanced infrastructure components including dams, subsurface tunnels, rail systems, and bridges
  • Designing and developing new or enhanced pump facilities, wastewater treatment stations, or other water supply stations
  • Creating or improving control, communication, lighting, alarm, and electrical systems
  • Creating or improving mechanical, building envelope, and HVAC systems
  • Evaluating subterranean conditions and a multitude of related development and design efforts
  • Experimenting with new or enhanced designed for use in testing and evaluation practices

 

Aerospace & Defense

  • Creating new or improved manufacturing procedures
  • Designing new customer components
  • Developing new composite materials
  • Generating testing and validation prototypes
  • Producing new machines, tools, fixtures, and jigs for aircraft assembly and manufacturing
  • Creating new or improved welding, machining strategies, metal forming
  • Automating various processes
  • Designing engineering plans or integration kits
  • Improving design or development of new or existing components or monuments
  • Creating new software
  • Experiment to improve output / reduce cycle periods
  • Invent new surface-hardening solutions

 

Agriculture

  • Creating new field/warehouse processes
  • Inventing specialized harvesting and manufacturing tooling
  • Developing new hybrids for livestock, plants, or crops
  • Changing harvesting techniques to improve harvest or yield efficiency
  • Automating processes
  • Updating or enhancing pest management
  • Designing or utilizing new irrigation systems
  • Developing new or improved packaging or preservative chemicals
  • Improving soil and rootstock processes
  • Designing new software

 

Apparel

  • Utilizing new or improved functions to design clothing and accessories
  • Inventing apparel innovations that may qualify for utility patents
  • Creating new product and performance specifications for fabric and materials construction technologies
  • Using new apparel technologies and materials in new or improved clothing designs
  • Invent new manufacturing practices
  • Producing and testing prototypes and samples
  • Designing new industry-related or process-oriented software

Architecture

  • Innovative or unique designs for various structures
  • Computer-aided design(CAD) and computer-aided engineering (CAE) activities
  • The design and development of innovative or unique new LEED, energy-efficient, or “green” alternatives
  • Assessing design through various forms of modeling and computational analysis

Civil Engineering

  • Designing infrastructure utilizing green and solar technologies
  • Designing a wastewater treatment plant
  • Designing water and sewage systems in complex environments
  • Developing solutions to infrastructure challenges
  • Developing solutions around potential environmental issues
  • Designing roads, bridges, and tunnels

Communications and Media

  • Creating or expanding network technology/architecture
  • Algorithm development for dynamic Web applications
  • Development of data analysis technologies and tools using new algorithms
  • Conceptualize and build physical system networks
  • Designing cloud-based platforms
  • Expansion of telecommunication networks to better serve customers
  • Design and testing of enhanced automation methods
  • Developing transceivers, software, network tools, applications

 

Food And Beverage

  • Creating new product flavors, textures, appearances, or health advantages
  • Designing solutions to extend product shelf life
  • Improving manufacturing technology, processes, and procedures
  • Creating new or redesigning existing packaging
  • Developing or improving fermentation techniques
  • Producing and testing prototype product samples
  • Validation new recipe formulations
  • Improving designs for environmental compliance
  • Inventing specialized tools or producing prototype machinery
  • Establishing new or improving existing bottling tactics
  • Designing new software systems for use internally or with customers

Heavy Civil Construction

  • Road and bridge design-build and construction
  • Engineering and construction solutions for pipelines
  • Development of solutions for grading, storm drainage, pipeline installation and erosion

Information Technology

  • Firmware development
  • Network security design
  • New infrastructure design

Life Sciences

  • Establishing production process for new products
  • Creating new or existing devices, diagnostics, and pharmaceuticals
  • Producing experimental clinical trial pharmaceutical lots
  • Enhancing factory process or production using innovative methods or new technologies
  • Designing technology to comply with EPA requirements
  • Creating software or hardware components for research and clinical development use
  • Developing medical equipment for use in research practices
  • Improving product stability or increasing product shelf life
  • Producing new medical products, equipment, technology, or devices
  • Producing next-generation products and product enhancements
  • Conducting unit, functional, integration, and performance assessments
  • Designing, testing, and enhancing code for firmware
  • Utilizing CAD technology for new product development
  • Developing and testing new product validation prototypes
  • Testing products and processes to comply with both domestic and foreign regulatory mandates
  • Developing software technology for customer and/or vendor interaction

Software

  • Programming software source code
  • Compiling and testing source code
  • Designing and developing the software
  • Developing new or improved technologies
  • Evaluating and establishing functional specifications

System Integration

  • Programming of control systems
  • Developing schematic drawings for integration of system components
  • Provide custom control solutions for different applications

 

Technology

  • Developing new software algorithm or architecture code
  • Engineering new capabilities or functional upgrades for existing technology to establish competitive advantage
  • Developing intranet and Internet software with complexity and scale to create technological challenges
  • Creating technology to manage and automate complex business models and structures
  • Designing interactive technology used in multimedia entertainment, including Internet video games as well as music or video streaming
  • Developing software technology for customer and/or vendor interaction
  • Inventing specialized innovations, including voice recognition or artificial intelligence technology

Tool and Die

  • Prototyping and 3D solid modeling
  • CAD design of die prints
  • Optimizing manufacturing processes

Wineries And Vineyards

  • Creating or improving distillation and fermentation processes/equipment
  • Producing custom manufacturing equipment
  • Designing or integrating automated processes
  • Producing new irrigation, filtration, or straining systems/methodologies
  • Creating or enhancing bottling and packing procedures
  • Creating or enhancing product formulations and preservative chemicals
  • Creating or enhancing prototype lots
  • Evaluating and improving product consistency and shelf life
  • Investing in green technologies for the use of manufacturing
  • Developing software technology for customer and/or vendor interaction

Construction

  • Creating new or improving existing plant operations
  • Designing energy-efficiency strategies
  • Innovating wastewater technologies
  • Developing plans that optimize plant efficiency or capacity
  • Designing innovative bridges, roadway structures, or sanitary sewer systems for new residential communities
  • Creating new or enhancing existing construction practices
  • Developing renewable energy technologies
  • Designing new software systems for use internally or with customers