Activities that Qualify

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Strategic Tax Solutions makes the process of accessing R&D Tax Credit dollars straightforward, cost effective and risk free. At no cost to you, we review your tax returns and provide a tax savings estimate for your potential R & D Tax Credit savings before we are ever engaged. If your company has developed a new product or process and/or improved an existing product or process, then your company may qualify for  Research & Development Tax Credits.

​If Your Product/Process Meets The 4 - Part Test Below, You Probably Qualify For Research & Development (R & D) Tax Credits!

  1. Activities must be undertaken in the development of a new or improved business component; Product or Process (including Software).
  2. Activities must seek to eliminate uncertainty determined or identified at the outset of (or during) the project; Meaning you know what the end product/ process should look like, but you are not 100% sure how you will get there.
  3. Taxpayer must undergo a process of experimentation to reach the end product/process; in other words you will have to try more than one method of reaching your end-goal, and
  4. Activities must be technological in nature; Computer Science, Physical Science, Engineering, Design, Biological Science.

Other examples of activities that might qualify for the credit include those to expand the design of an existing product or process, or those to correct significant design flaws or obtain substantial cost decreases or improved function. Costs of design, creation, and testing of pre-production prototypes and models probably likewise qualify.

​​12 Examples of Activities That Meet The Four Part Test!

  1. Developing new software.
  2. Design for LEED/green initiatives.
  3. Conducting environmental testing.
  4. HVAC concept and design
  5. Designing a new building
  6. Testing of new concepts and technology.
  7. Developing prototypes and models.
  8. Developing new/improved food products.
  9. Developing new, improved or more reliable products, processes or formulas.
  10. Developing or applying for patents.
  11. Adding equipment that improves a process.
  12. Streamlining your manufacturing process.

Strategic Tax Solutions will: Provide a FREE Preliminary Analysis; Show you how your industry/company qualifies; Help you identify benefits to which you are legally entitled; Assure a quick turnaround from start to amended tax return; Minimize disruptions to business operations during the process.

Find Out If You Qualify By Completing The Form Below: