The Research & Development (R&D) Tax Credit is a powerful tool for manufacturers, but understanding its real-world impact can be best illustrated through examples. Explore how Schapira CPA has partnered with manufacturing businesses like yours to identify qualifying activities, implement robust documentation, and secure significant tax savings that fuel further innovation and growth.
Discover the tangible benefits achieved by our manufacturing clients
Learn how this advanced robotics manufacturer maximized R&D credits through improved documentation and identification of qualifying software development activities.
Result Highlight: Secured an additional $120,000+ in annual R&D credits.
Discover how a custom parts manufacturer identified qualifying R&D in their efforts to improve machining processes, material usage, and tooling design, leading to significant tax savings.
Result Highlight: Captured credits for previously overlooked shop-floor R&D activities.
Our successful R&D engagements often involve:
Identifying qualifying activities beyond the traditional lab setting, including shop-floor process improvements and software development.
Implementing practical documentation strategies that capture necessary details without overburdening technical teams.
Accurately allocating costs (wages, supplies, contract research) to specific qualifying projects.
Collaborating closely with engineering, production, and finance teams to gain a comprehensive understanding of activities.
Securing substantial tax savings that directly improve cash flow and fund future innovation.
Many manufacturers are performing qualifying R&D without realizing the full extent of the tax benefits available. If you invest in developing new products, improving processes, or implementing new technologies, you could be eligible for significant savings.
Tax Credit Potential
Inspired by these results? Contact Schapira CPA today for a consultation to explore how an R&D Tax Credit study could benefit your manufacturing business.
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