Innovation pays with tax credits
The research and development (R&D) tax credit is one of the most significant domestic tax credits available. Many types of business activities are eligible for the credit.
R&D incentives apply to a broad spectrum of activities. These activities include manufacturing, process improvements, production trails, software development and integration issues. As you can see, the research and development tax credit is applicable to more than just a laboratory environment.
You may have been discouraged from claiming the R&D tax credit because of its complexity. Our knowledgeable professionals are experienced and have generated millions of dollars in tax credits for our clients. PDR will perform a complimentary review of your research and development activities to determine whether they qualify for the credit.