Schneider Downs is a Pittsburgh (PA) based Certified Public Accounting (CPA) Firm that serves clients in Boston, Worcester and across Massachusetts. 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 Massachusetts, 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 Boston, Worcester and across Massachusetts 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 federal and state credit eligibility 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 Boston, Worcester and across Massachusetts. 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.
It’s a forward march in Massachusetts. The 2016 Bloomberg rated “most innovative state in the country,” lives up to its title in more ways than one. The state’s economy has reinvented itself several times over—from a primarily agricultural state to an industrial powerhouse to a global leader in tech, finance and education. These sectors keep the most populous state in New England strong, with the average personal income the third highest in the nation. Massachusetts is home to some of the most highly esteemed academic institutions, and Cambridge boasts “the most innovative square mile on the planet,” which has hosted countless quality entrepreneurial projects since 2010. The state is also spearheading the charge towards sustainability, ranking as the most energy efficient state in the U.S. in both 2015 and 2016.
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 consulting services to public and private companies, not-for-profit organizations and global companies. We also offer risk advisory, transaction advisory, digital consulting, wealth management, retirement plan solutions and investment banking services. Schneider Downs serves individuals and companies in Pennsylvania (PA), Ohio (OH), West Virginia (WV), New York (NY), Maryland (MD), metropolitan Washington (DC) and additional states in the United States with offices in Pittsburgh, PA, Columbus, OH, and McLean, VA.
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