Research & Development Tax Credits

Research and experimentation can generate tax credits for businesses, and the professionals at EKS&H help companies determine whether these potential credits apply to their situation. Our business advisors are experienced at performing IRS-compliant research and experimentation tax credit studies to help companies maximize their benefits.

At EKS&H, we customize our approach to fit each client’s needs through the following range of services:

Preliminary assessment – EKS&H’s business advisors begin by interviewing a company’s management team to better understand the business and its R&D strategy.

Engagement – During this phase, the professionals at EKS&H conduct an extensive review of a company’s development efforts, determine which activities qualify for the tax credit and document these projects. After quantifying the qualified research expenditures, we calculate the tax credit.

Future systems – To ensure that a client maximizes tax credits year after year, EKS&H’s business advisors help the management team set up and maintain systems that will qualify, document and quantify future research and development activities.

EKS&H strives to meet and exceed our clients’ expectations by delivering proactive, innovative and comprehensive solutions. Clients who use our research and development tax credits service enjoy many benefits, including:

  • refunds from previously filed tax returns
  • reduction in current year effective tax rate
  • reduction in future year effective tax rate
  • clearer understanding of which future product development and process improvement initiatives might be eligible for tax credits