Schneider Downs is a Pittsburgh (PA) based Certified Public Accounting (CPA) Firm that serves clients in St. Louis and across Missouri. 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 Missouri, 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 St. Louis and across Missouri 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 St. Louis and across Missouri. 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.
Missouri’s business climate is thriving, with a low corporate tax rate and a focus on workforce development attracting new ventures. This strong business foundation contributes to the state’s healthy GDP, which reached $304 billion in 2023 and is experiencing steady growth. This economic strength makes Missouri an attractive location for businesses to set up shop and contribute to the state’s ongoing prosperity.
Contact Our Experienced Team of R&D Tax Credit Professionals.
