PRIMARY CONTACT: Ross S. Alessandro III CPA
Both federal and state tax credits exist to reward companies for investing in Research and Development (R&D).
The federal credit can net as much as 10% of credit year expenditures, and many states, including Ohio and Pennsylvania, also offer a credit for research. Additionally, new tax rules might make it easier for your company to claim and utilize a Federal R&D tax credit (even if your company is a pre-revenue start-up).
Our professionals have significant experience in conducting R&D studies for a variety of industries, including, but not limited to, manufacturing, emerging technology, transportation & logistics, and construction. Let us help you to make the most of your investment.
At Schneider Downs, 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 credits. We can facilitate your company’s accounting and application for this credit by:
Our professionals have significant experience in conducting R&D studies for a variety of industries, including manufacturing, software development, metal production and chemical products. Let us help you to make the most of your investment.
Additional Tax Credits and Incentive Services
About Schneider Downs Tax Advisors
With one of the largest regional tax practices in the country, Schneider Downs Tax Advisors’ personal focus on clients and in-depth understanding of current issues ensures that clients are complying with tax filing requirements and maximizing tax benefits. Our industry knowledge and focus ensures delivery of technical tax strategies which can be implemented as practical business initiatives. Learn more at Tax Services.
Big Problem: Company Impacted By Ransomware.
Big Thinking: Restore System On-site And Avoid Six-figure Ransom.
Big Problem: Inefficient Tax Credit Realization.
Big Thinking: Identified A $900,000 Tax Credit, Nearly Twice As Much As Prior Years.
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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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