The R&D Tax Credit is a valuable incentive for U.S. companies investing in innovation, especially in IT, manufacturing, and research. Businesses can claim credits for up to four years; for example, one of our IT clients with 25 employees claimed $200,000 for 2020. This credit helps improve cash flow, allowing companies to reinvest in research, hire new staff, and drive growth.

At SK Tax Addison, our team of CPAs is dedicated to helping you maximize your R&D tax credits. We assist in identifying eligible expenditures and navigating the filing process to ensure you receive the maximum benefits. With extensive experience in processing over half a billion dollars in grants and tax credits, we can support your business effectively. If you’re interested in our services, visit us in Hoffman Estates, Palatine, Arlington Heights, and surrounding areas. Apply now to benefit from your innovations!