Debunking R&D Tax Myths:
Don’t Miss Out on Valuable Savings
Many businesses miss out on R&D tax credits due to misinformation, leaving thousands or even millions on the table.
Myth: Only large corporations qualify.
Truth: Small and mid-sized businesses claim 70% of R&D tax credits. A small manufacturer we worked with secured $150,000 by refining its production process.
Myth: You need a dedicated R&D team.
Truth: No official R&D department is required. Industries like construction, software, and food production qualify. A restaurant we helped saved $270,000 just by optimizing food prep techniques.
Myth: The process is too complex.
Truth: With the right guidance, businesses can retroactively claim R&D tax credits for up to three years, boosting cash flow instantly.
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