The R&D (Research and Development) tax credit is government sponsored (Look up US IRS SEC 41 and the Path ACT 2015 and has been available since 1981).
* It is an economic incentive for companies to conduct research in the United States.
* Industries ranging from software development, to aerospace, tech, biopharmaceuticals, real estate
brokers and developers, dentists, general contractors just about anyone who in the last 3-5 years
made improvements to they're business
* The R&D tax credit may apply to any taxpayer that incurs expenses for performing
Qualified Research Activities (QRA) on U.S. soil.
* The R&D tax credit and other related tax breaks save U.S. Business more than $12 Billion
* Over 40 industries have qualified.
* The credit is now available to small companies . Tax regulation allow eligible companies to
“Look Back” 3 years for credits that were never claimed.
* You may ask how many times can this be done. Well it can be done every single year.
Step 1) Submit the BQF (Business Qualification Form), within 24-48 hours you will receive a “YES” email. This is good, does not need to be perfect and this is not submitted to the IRS. This is only for our team.
Step 2) On the “YES” email is a secure Dropbox link for you to upload your tax documents. This is a very secure process and as soon as you are done uploading your tax documents from the last 3 years, the Dropbox is LOCKED!
Step 3) Then one of our certified CPAs will be assigned to your case. Keep in mind; No one, including me, has access to or can see this information. Only our licensed and bonded CPA will be able to access the locked Dropbox. Now is when it gets exciting. This will allow them to create your customized CREDIT PROJECTION REPORT (CPR) or estimate.
Step 4) All of this is provided at NO COST to you. This process can take anywhere from 7-10 business days and will produce a range of what your recovery will be.
Step 5) When we receive your Estimate, this is when we ask for a commitment to move forward. If you would like our team of experts to convert your Estimate into an amended tax binder you need to sign an engagement letter.
Very Important Please Note
Preparing the amended tax binder for the last 3 years is an expensive and time-consuming process.
Our fee is 1/3 of the projected recovery. Once the amended tax binder is completed and delivered, 1⁄2 of the fee is due up front .
The second half of the fee is due after you get your refund from the IRS . Although this is very rare, but if there is a discrepancy in the recovered amount, the fees will be adjusted or credited accordingly.
Our job is not finished until you have your check from the IRS which we are able to track and allows us to collect the 2nd half of our fee.
We want you to have a great experience so that you want to continue using us every year and want to tell everyone you know that owns a business about us!
Contact Us Now If you Have Any Questions