R&D Tax Credit - Indiana

Schneider Downs is a Pittsburgh (PA) based Certified Public Accounting (CPA) Firm that serves organizations in Indianapolis and across Indiana. 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.

Indiana R&D Tax Credit Expertise

At Schneider Downs, one of our specialties is aiding our clients, including those in Indiana, 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:

  • Assisting your staff in identifying the qualifying R&D activities
  • Gathering and documenting the related costs
  • Detailing the state tax benefits that may be available
  • Preparing any required tax filings, including how to file Form 6765
  • Providing support with federal or state audits

Federal R&D Tax Credits

Both federal and state tax credits exist to reward companies in Indianapolis and across Indiana 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.

National Reach

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.

 

Contact Our Indiana R&D Tax Credit Experts

Schneider Downs is a Top 60 CPA firm that specializes in serving the tax needs of businesses in Indianapolis and across Indiana. 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.

About Indiana

The Indiana business community is a thriving and diverse ecosystem that fosters economic growth, innovation, and collaboration. With a strategic location, strong infrastructure, and a skilled workforce, Indiana has become a hub for various industries and has earned a reputation as an ideal place to do business. One of the key advantages of Indiana’s business community is its strategic location in the heart of the Midwest. The state’s central location provides businesses with easy access to major markets in the United States. Indiana’s extensive transportation network, including a robust highway system, rail lines, and international airports, facilitates the movement of goods and enables efficient supply chain management. Indiana is known for its business-friendly environment and supportive policies. The state government has implemented initiatives to attract and retain businesses, including tax incentives, grants, and workforce development programs. These efforts aim to create a favorable climate for business growth, encouraging investment and innovation across industries.

5 Things You May Not Know About the R&D Tax Credit

Whitepaper - 5 Things You May Not Know About the R&D Tax Credit.

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