Federal Tax Incentive : R & D Tax Credit

A Federal Tax Incentive, the R & D Tax Credit, is one of the many tax credits PayPros, Inc., working with Paradigm Partners, looks for in order to save companies money.

federal tax incentive

What is the R&D Tax Credit?

The Research and Development Tax Credit (R&D Tax Credit) was created by Congress as part of the Economic Recovery Tax Act of 1981 to encourage American industry to invest in research and development activities. The purpose of the credit was to stimulate R&D activities among businesses through tax incentives.

Benefits to Clients

  • Millions of dollars in tax credits, resulting in cash back from the IRS for previous open tax years
  • $1 for $1 reduction on current year’s tax liability
  • Additional tax savings in future years
  • Carry-forward up to twenty (20) years
  • Who can use it?

  • Manufacturing
  • Fabrication
  • Engineering
  • Software Developers
  • Chemical
  • Tool and Die
  • Machine Shops
  • Plastics Manufacturers
  • Pharmaceutical
  • Biotechnology
  • Food Sciences/Manufacturers
  • Research and Development Tax Credit Engineering Study

    Paradigm offers affordable pricing and flexible payment arrangements to their clients. We work in collaboration with the client and CPA firm to understand their needs and their ROI via this program.

    Our turnkey package includes:

  • Interviews
  • Credit Calculations, Detailed Timesheets and Summaries
  • Engineering Report
  • Research & Development Audit Defense at no additional cost
  • Support level for CPA

  • For a Cost Free Analysis contact David Keenan (888) 693-4611 (direct line), or fill out the form below:

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    For a Cost Free Analysis contact David Keenan (888) 693-4611 (direct line), or fill out the Contact form at the bottom of the page.