Maximize your savings with tax credits and incentives
Tax credits and incentives are a powerful way to reduce tax liabilities and improve cash flow, but many businesses are missing out. We’ll make sure that doesn’t happen for you.
Unlock tangible benefits for your organization
Recent regulatory changes have created new opportunities for companies to benefit from tax credits at the federal, state, and international levels. Businesses across a wide range of industries are now benefiting by:
- Reducing tax liabilities
- Improving cash flow
- Offseting payroll taxes
- Selling or transferring credits
- Qualified Research Expense (“QRE”) and tax credit calculation
- Qualified Research Activity (“QRA”) identification
- R&D tax credit documentation
- Audit defense and exam appeals
- Claims and support for non-U.S. R&D incentives
- Training programs to implement internal R&D credit processes
- Improving processes through technology enablement and automation
Maximize your benefits from other tax credit and incentive programs
In addition to R&D tax credits, we can help you maximize benefits from often overlooked tax incentive programs. We can help you claim:
- Alternative and renewable energy credits
- Jobs credits
- Incentives for building new or renovating existing facilities
- Other common tax credits and incentives
Whether you’re claiming tax credits for the first time or seeking to improve existing claims, we provide the expertise and support you need to navigate complex regulations with confidence.
We deliver flexible, cost-effective solutions without adding full-time overhead. Our consultants work with your team to identify eligible activities, optimize claims, and ensure substantiation is in place.
Also, many tax credits and incentives are transferable. We can help match you with buyers if you’re selling credits, or sellers if you’re buying credits. We ensure you’re protected in the transaction and supported during the transfer process as well as through any monitoring that is required in the future.
Domestically and globally, we help you reduce tax liabilities, recover refunds, control costs and increase the financial return of your innovation efforts.
Companies across many industries can benefit from the R&D tax credit
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Often the upfront investments made by life sciences companies to create new drugs, chemical compounds, or medical devices are significant and can generate substantial opportunities to recoup costs in the form of R&D tax credits.
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Manufacturing companies play a major role in developing and improving products and manufacturing processes to maximize efficiencies and reduce waste, often utilizing new technologies to stay competitive.
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Generally, if employees are attempting to develop or improve software and technology by way of functionality, performance, reliability, or quality and encounter some level of technical uncertainty there will likely be elements of qualified research activities (“QRA”) that may be quantified and translated into dollars.
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Committing resources toward developing software platforms, trading algorithms, and banking applications either for third parties or even internal use can generate significant opportunities to recoup costs in the form of R&D tax credits.
How we work with you
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Co-sourced
Whether leading or supporting your operational needs, we become an integrated part of your tax function, working side-by-side with your team.
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Outsourced
Our outsourcing model delivers the best people and processes, providing a streamlined, cost-effective solution.
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Project-based
Our project-based solutions offer specialized support in technology, planning, assessment, integration and other key initiatives.
Tax credit and incentive leadership
Together, GTM and WTS Global deliver worldwide tax services to multinational companies
