Federal research tax credits

Baker Tilly knows that opportunities to benefit from the Federal Research Tax Credit (RTC) abound for U.S. manufacturers, technology developers, and others who invest in software or process improvements. Taking advantage of this credit can provide a tax refund or reduction in tax liability that helps your cash flow.

To maximize RTC benefits, our highly experienced US Research Tax Credit group first analyzes your company’s operations to identify qualified activities. After we determine where the benefits lie, our specialized team of engineers, CPAs, and attorneys proposes a methodology for continuing to obtain the credit in future years without the need for repetitive oversight or expensive consulting fees.

Our comprehensive RTC consulting, audit, and compliance services include:

• Conducting historical tax credit studies and amending tax returns to claim the RTC
• Computing and documenting qualified expenditures for current-year returns
• Providing audit support and strategies for resolving IRS controversies
• Optimizing decision-making and tax planning by identifying current and future treatment of research and development expenditures

Contact our tax services team >