Flanagan Capital, LLC

Flanagan Capital, LLCFlanagan Capital, LLCFlanagan Capital, LLC

Flanagan Capital, LLC

Flanagan Capital, LLCFlanagan Capital, LLCFlanagan Capital, LLC
  • Home
  • Flanagan Capital
    • Information on R&D
    • Contract Manufacturing
    • Engineering & Design
    • Sheetmetal Fabrication
    • Construction
    • Foundry & Metal Casting
    • Brewing
    • Software & Technology
  • Contact Us
    • Home
    • Flanagan Capital
    • R&D Tax Credits
      • Information on R&D
      • Contract Manufacturing
      • Engineering & Design
      • Sheetmetal Fabrication
      • Construction
      • Foundry & Metal Casting
      • Brewing
      • Software & Technology
    • Contact Us
  • Home
  • Flanagan Capital
  • Contact Us

image431

Research and Development Tax Credit

What is the R&D Tax Credit?


The Research and Development Tax Credit was originally introduced in the Economic Recovery Tax Act of 1981 and is a government-sponsored tax incentive that rewards companies for conducting R&D within the United States. The credit was implemented to incentivize innovation throughout the economy and to keep technical jobs here in the U.S.


However, what constitutes R&D with regard to the credit is much more expansive than business owners realize, with activities related to applied sciences and other technical projects qualifying companies from numerous industries.


The R&D Tax Credit is for businesses of all sizes, not just your Fortune 500 Companies with research labs – and many companies are eligible, with an expansive list of activities qualifying for the credit.

Flanagan Capital

The R&D tax credit is designed to inspire and encourage innovation.

Opportunities

image432

The Research and Development (R&D) Tax Credit remains one of the top opportunities for businesses to substantially reduce their tax liability. 


Companies from a wide-range of industries can qualify for federal and state tax savings high to enough to allow companies to grow their operations, invest in new products/technologies and service lines, and hire new employees. 


More companies than ever before can benefit from this valuable incentive.


Qualify for R&D Tax Credits

What Qualifies for the R&D Tax Credit?


If your company performs any of the following actions listed, your business likely is entitled for the R&D Tax Credit:

  • Develops or designs new products or processes
  • Develops or improves upon existing prototypes and software
  • Enhances existing products or processes

image433

Qualifying Expenditures for R&D Tax Credits

Industries Overview

Construction

Foundry & Metal Casting

Contract Manufacturing

image434
Find out more

Contract Manufacturing

Foundry & Metal Casting

Contract Manufacturing

image435
Find out more

Foundry & Metal Casting

Foundry & Metal Casting

Foundry & Metal Casting

image436
Find out more

Sheetmetal Fabrication

Sheetmetal Fabrication

Foundry & Metal Casting

image437
Find out more

Software & Technology

Sheetmetal Fabrication

Software & Technology

image438
Find out more

Engineering & Design

Sheetmetal Fabrication

Software & Technology

image439
Find out more

Brewing

Brewing

Brewing

image440
Find out more
image441

Copyright © 2020 Flanagan Capital, LLC - All Rights Reserved.

  • Privacy Policy

Powered by GoDaddy Website Builder