Large and Small Business
Research and Development Tax Credits
Take Advantage of Research and Development Tax Credits
Innovation is the core of a growing economy, which is why the government encourages businesses to invest in research and development. Aside from producing better products and services, innovation creates technical jobs and improves the country’s global competitiveness.
The downside, however, is that research and development is a risky endeavor. It’s costly to fund an R&D arm—a significant amount of resources can be spent on testing, developing, experimenting, paying for third-party research institutions, and compensating specialists. The government, therefore, awards research and development tax credits to companies with research initiatives. R&D tax credits incentivize research endeavors, which promote innovation and produce technical jobs in the country. In fact, you don’t need an R&D department to take advantage of these incentives.
The right people, the right process, the right partner.
Not all tax credit studies are created equal, so it’s important you feel confident when choosing a specialty tax partner.
Tri-Merit’s highly experienced team of engineers, attorneys and CPAs make your life easier by taking a customizable, flexible and thoughtful approach to produce the best possible outcome. We engage clients in the most efficient and effective way possible, requiring minimal time and effort that results in a refreshingly simple process.