Research and Development Tax Credits
Axiom Tax Credit Services
In 2001, as an economic investment incentive, the Federal Government expanded the R&D Tax Credit laws which allowed small to mid size businesses to recoup a portion of their business expenses for activities related to business and product improvement. Axiom’s R&D Tax Credit Service is our application of business process engineering and R&D tax accounting expertise that identifies, quantifies and substantiates those activities. Axiom has helped hundreds of companies recover millions of dollars that were eligible for tax credits. We turned their tax liabilities into assets.
Many businesses qualify for the credit and don’t know it Many business owners are not aware that the government has enacted tax changes that help them recover cash based on day-to-day activities. Their assumption is that they are just “doing their job.” In fact, most businesses today invest heavily in product or process improvement to meet market demands. The R&D Tax Credit is designed to help them recapture a percentage of those dollars spent and reinvest them to stay competitive. Fortunately, Axiom has developed a deep knowledge base across dozens of industry sectors. Targeting mid-market companies, we leverage our experience to maximize the R&D Tax Credit in a way that is fully compliant with the current tax regulation
Does Your Company Qualify?
If your company has invested in the development of a new or improved business component then you may have qualifying research expenditures under the Federal R&D Tax Credit program.
Take Advantage of the Opportunity
Axiom Solutions is a national professional services firm whose expertise is R&D tax planning. Through our proven methodology and unmatched expertise we help public and private companies, large and small, take full advantage of the R&D Tax Credit programs available to them. Hundreds of companies across the US have been able to capture millions of dollars in R&D Tax Credits with these programs.
We bring value to public and private companies, large and small. Our primary focus is bringing national partner-level expertise to mid-tier companies, i.e. companies with annual revenues between $10 million and $1 billion.
Activities that qualify:
Developing new, improved or more reliable products / formulas
Developing or improving production or manufacturing processes
Developing prototypes or models
Technical Feasibility Analysis
Reliability Testing
Performing Certification Testing
Performing Environmental Testing
Use of Third Party Contractors
Software Development Fees
Industries Served:
Food
Architectural Firms
Chemical
Equipment Manufacturing
Defense Contractors
Engineering Services
Electronics & Technology
Software
Plastics
Musical Equipment
Printing
Container and Packaging
We have experience in over 60 industry sectors
Benefits:
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