Accelerate the pursuit of innovation with R&D tax credits
Innovation eventually pays dividends – but it can be expensive to get off the ground.
Yet every year, billions of dollars in credits and incentives to offset innovation costs go unclaimed because many companies don’t realize they qualify. Any company that has devoted resources toward developing new products, processes or software – successfully or not – may be eligible. The benefits for your business can be significant: materially reducing your effective tax rate or providing an injection of cash.
R&D incentives are offered at the federal and state levels, as well as inmore than 40 countries around the world. Incentives may include refundable or transferable research tax credits,deductions, super-deductions, cash, and other grants. Even ifyou are already claiming,you may be leaving money on the tableif you aren’t using the stages of your development process and related documentation to identify and support your credit.
BDO is dedicated to helping clients identify, calculateand claim the maximum benefittheir R&D activities support.Over the past twenty years, we’ve helped clients claim billions of dollarsin R&D tax credits.We also work with clients to implement tools and processes to streamline future year credit claimsand offer exam and appeals support.
At BDO, you can do much more than fulfill your career ambitions — here, you can explore your full potential. That’s because we’re committed to helping our employees achieve on both personal and professional levels.