Manufacturing
DID YOU KNOW?
- Certain product development and process improvement activities performed by manufacturing companies may qualify for sizable federal and state R&D tax credits.
- Expertise includes industry standard tracking and job costing software, which provides for efficient cost analysis and excellent substantiation.
- The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.
MANUFACTURING CASE STUDY
QUALIFYING ACTIVITIES
Product Design & Testing
First-Article Runs
CNC Programming
Tooling Development
Equipment Development
Process Design & Development
Quality Assurance