R&D Tax Credits
Aprio’s dedicated Research and Development (R&D) Tax Credit team works exclusively on R&D Tax Credits, providing unparalleled expertise. We work closely with the rest of your tax team to determine if these credits are a good fit for your company. Each year, U.S. companies save billions of dollars in tax obligations through these credits, which can be used regardless of the age of your company. If your business has recently designed, developed or improved a product, process, technique or formula, you may be eligible for federal and state R&D Tax Credits. These credits can provide your company with savings that can be re-invested into your business or used to improve your bottom line.
Contact Carli McDonald to learn more about our R&D Tax Credit Services.
R&D Tax Credits
Is your company designing the next wave of aerospace engines and craft? Or working on other development projects? If so, you can take the credit for those activities and re-invest the funds into your next project.
Engineering and Architecture
Engineering and architecture firms can take the credit if they’re working on complex building designs, including LEED and other energy-efficient standards.
Manufacturers can take the credit for developing new or improved products and improving their plant processes (including applying methodologies such as Lean and Six Sigma or implementing an ERP platform).
If your company is developing a new medical device, or improving an existing one, your company is eligible to take the credit. You can use the money to keep working on your current project – or start your next big one.
Pharmaceutical companies creating and testing new drugs in the lab can use the R&D Tax Credit to offset their costs. Remember, R&D doesn’t have to be successful to qualify.
Technology companies can take the credit for developing new software or improving legacy software. The software can be anything, including video games.
R&D Tax Credits aren’t limited by industry; all that matters is whether you’re performing R&D. Industries such as agriculture, restaurants and beyond still can qualify for the credit.
Advisors and Insights
Carli McDonaldPartner-in-Charge, R&D Tax Credit Services
- Manufacturing and Distribution, R&D Tax Credits, Tax Credits and Incentives, Technology and Biosciences
- Years at Aprio
- Graduated From
- Georgia State University