Recent regulatory changes make it more favorable than ever for corporate taxpayers to claim research and development (R&D) tax credits at the Federal, state, and international levels. Companies across all industries stand to claim substantial savings. Yet many understate and under-document their credits, losing some or all of them.
R&D tax credits provide permanent benefits, today and in the future, to reduce the tax burden and generate cash flow. Qualifying businesses are even able to offset payroll tax utilizing R&D credits, and some states allow R&D credits to be transferred or sold, generating additional cash to help grow your business.
Helping Companies Claim & Defend R&D Tax Credit
GTM’s R&D Tax Credit Services Practice focuses on R&D tax credits, incentives, and deductions at the federal, state, and international levels.
GTM leverages streamlined methodologies to conduct interviews and gather documentation more efficiently. This ensures that the information collected is what auditors are looking for to substantiate an exam while providing a greater return on investment.
Whether your company is looking to claim R&D tax credits for the first time, or you are already claiming R&D credits, GTM can help on both fronts in areas such as:
- Qualified Research Activity (“QRA”) Identification
- Qualified Research Expense (“QRE”) and Tax Credit Calculation
- R&D Tax Credit Documentation
- Audit Defense and Exam Appeals
- Training Programs to Implement Internal R&D Credit Processes
- Claims and support for non-U.S. R&D incentives
R&D Tax Credit Expertise When You Need It
Budget constraints and talent shortages often leave domestic and multinational companies lacking in dedicated in-house resources that have the time or proficiency to manage the R&D tax, cost segregation, and other credits and incentives functions.
GTM addresses your R&D tax needs without adding full-time overhead to your business. Our team of R&D tax professionals works side-by-side with you to identify and maximize key savings opportunities wherever you are, whether local, national, or international. We can help you avoid paying unnecessary taxes, obtain tax refunds, manage operational costs, and enhance the economic value of company initiatives.