Taking Credit for Innovative Work
Often overlooked, the R&D credit can substantially benefit companies recognizing its potential. These credits represent a lucrative opportunity to lower your tax burden by up to 10% for work you’re already doing. Qualifying activities include:
- Investing in resources for new or improved products
- Investing in developing new or improved manufacturing or service processes
- Investing in software and software-related technology, such as AI
- Efforts to improve manufacturing efficiency, reduce scrap, and implement techniques like lean, green, and Kaizen
- Owning existing patents or patents pending
CBIZ R&D tax specialists have conducted hundreds of studies and identified previously unrecognized areas where our clients could receive additional credits.
Maximize Industry Tax Credits
Tax credit opportunities aren’t one-size-fits-all. Whether you’re building the future, powering innovation, advancing research, or scaling services, our industry-specific insight helps you uncover and capture the credits that matter.
Explore how CBIZ supports:
- Construction: Credits for development, job creation, and investment
- Technology: R&D and innovation-based incentives
- Life Sciences: Opportunities tied to research and clinical trials
- Professional Services: Investment in process technology and automation improvement
- Manufacturing: Product and process improvement and development
Tap into our deep understanding of your industry and turn incentives into impact.
Talk to a SpecialistR&D Credit Four-Part Test
We’ll walk you through the R&D four-part test to ensure your organization qualifies for this valuable tax credit.
