Schneider Downs is a Pittsburgh (PA) based Certified Public Accounting (CPA) Firm that serves clients in Wilmington, Dover and across Delaware. Our team of tax professionals specializes in helping companies achieve tax savings, and we have extensive experience determining organizational activities that qualify for the R&D Tax Credit.
Faced with international competition, organizations must continually invest in developing new and innovative products to expand and maintain their customer base. The R&D Tax Credit is a powerful opportunity for savings and offers an advantage to companies that incur considerable research and development expenses to remain competitive in an increasingly global market. At Schneider Downs, we’re experts at helping our clients evaluate their eligibility for the R&D Tax Credit, to make the most of their investment.
At Schneider Downs, one of our specialties is aiding our clients, including those in Delaware, in exploring ways to claim the R&D Tax Credit. We have significant experience conducting R&D studies for a variety of industries, including manufacturing, construction, transportation and logistics, engineering, software development, and chemical products. We can help to review your current R&D Tax Credit calculation or conduct an R&D Tax Credit Study to determine the amount of any potential savings.
We can also facilitate your company’s accounting and application for the R&D Tax Credit by:
Both federal and state tax credits exist to reward companies in Wilmington, Dover and across Delaware for investing in Research and Development. Federal R&D Tax Credits can net as much as 10% of actual expenditures. Additionally, new tax rules (post-2006) might make it easier for your company to claim Federal R&D tax credits. At Schneider Downs, we will evaluate your eligibility for both federal and state credits, to maximize your savings.
Schneider Downs’ tax professionals provide R&D Tax Credit services to companies located across the United States including those in Pennsylvania, Ohio, Michigan, Wisconsin, Illinois, South Carolina, Georgia, Florida, California, Texas, New Jersey, Washington DC and many more.
Schneider Downs is a Top 60 CPA firm that specializes in serving the tax needs of businesses in Wilmington, Dover and across Delaware. If you have questions or would like additional information on how we can help you with the R&D Tax Credit, please complete the form to the right and a team member will promptly follow up with you.
Delaware may be small, but its business is big. The second-smallest state in the country is home to over half of all U.S. publicly-traded companies and 63% of the Fortune 500—attracted by Delaware’s friendly corporate tax law. Residents have their pick of jobs in several sectors. Giants like Perdue Farms provide farming jobs for the state, whose agricultural exports consist mainly in poultry, soybeans, corn and dairy. There is no shortage of jobs in the financial sector either, with Bank of America, JPMorgan Chase and others on the scene. Healthcare, retail, technology and pharmaceutical giants also provide jobs for Delaware’s residents.
Contact Our Experienced Team of R&D Tax Credit Professionals.
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Schneider Downs is a Top 60 independent Certified Public Accounting (CPA) firm providing accounting, tax, audit and business advisory services to public and private companies, not-for-profit organizations and global companies. We also offer Internal Audit; Technology Consulting; Software Solutions; Personal Financial Services; Retirement Plan Solutions and Corporate Finance Services. Schneider Downs is the 13th largest accounting firm in the Mid-Atlantic region and serves individuals and companies in Pennsylvania (PA), Ohio (OH), West Virginia (WV), New York (NY), Maryland (MD), and additional states in the United States with offices in Pittsburgh, PA, Columbus, OH, and McLean, VA.
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