Schneider Downs is a Pittsburgh (PA) based Certified Public Accounting (CPA) Firm that serves clients in Birmingham and across Alabama. Our team of tax professionals specialize 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 Alabama, 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 Birmingham and across Alabama 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 Birmingham, and across Alabama. 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.
The Alabama business community is vibrant and diverse, encompassing a wide range of industries and sectors. Alabama has a strong economy that is supported by various factors such as its favorable business climate, robust infrastructure, and skilled workforce. One of the key sectors driving Alabama’s economy is manufacturing. The state has a long history of manufacturing excellence, particularly in industries such as automotive manufacturing, aerospace, chemicals, and steel production. Major companies like Mercedes-Benz, Honda, and Hyundai have established manufacturing plants in Alabama, creating job opportunities and contributing to the state’s economic growth. In addition to manufacturing, Alabama also has a significant presence in sectors like healthcare, biotechnology, information technology, and logistics. The state is home to renowned healthcare institutions and research facilities, fostering innovation and attracting investment in the healthcare and biotech fields.
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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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