SlideShare a Scribd company logo
The Nation’s Leader in Research and Development Tax Services
AmCorp Management, Inc. has been
highlighted by the following media outlets




                                  Plus many more…
AmCorp Management is the Nation’s
Leader in R&D Tax Credit Services

A C
AmCorp’s R&D f
       ’                l l
              focuses solely on f d
                                federal and state R&D t credit
                                      l d t t         tax   dit
programs. These corporate economic incentives are conservative, IRS
approved and Government sponsored programs.

If your company has invested time, money and resources towards
improving and/or advancing its products or processes you may qualify
for Research and Development Tax Credits.

AmCorp has relationships with teams of
senior-level specialists. These specialists
include tax experts, attorneys, accountants,
technical writers and software engineers.
Each of these specialists are committed to
providing you with the most effective and
meticulous Feasibility Study and follow-up
Research and Development Study available.
The R&D Tax Credit Opportunity

The R&D Tax Credit was created by Congress in 1981 as an incentive to
Increase private industry research investments. Recognizing that
T h l i li
Technological innovation d i            i
                     ti drives economic growth, productivity, and
                                               th     d ti it     d
competitiveness, the purpose of the credit was to reverse a decline in
non-governmental U.S. research and development efforts.

To qualify a company must produce a expansive Research and
Development Report detailing every qualifying aspect .

When the IRS approves the R&D Report your credit is not a deduction but
                                                          deduction,
a dollar for dollar credit against taxes owed or
taxes paid. The qualifying aspects are certain
types of p
 yp        product development, expansion,
                           p         p
process improvement and engineering activities.
It is for businesses of all sizes in a variety
of commercial activities, including engineering,
manufacturing, processing
manufacturing processing, food production
                                     production,
development and other commercial endeavors.
What The Experts Say

Reuters
quot;The tax credit is a huge factor in fostering the technological advances
that are the cornerstone of America's success.“
                            America s success

Government Relations Committee
“Your company could be losing hundreds of thousands of dollars by
not taking advantage of the R&D Tax Credit provisions.”

IPC Association
“If your company invests in advancing your products or innovating your
 If
processes, your pursuit of the credit could yield
significant current and future year tax savings.

Wall St
W ll Street Journal
            tJ     l
If your company has spent time and energy to
improve your product and make it better, faster,
and cheaper—then you have qualifying research
     cheaper then
under the Federal Research and Experimentation
Tax Credit.
The R&D Tax Credit Opportunity

The R&D Tax Credit Opportunity:
• Is a relatively unknown source of immediate cash for many companies.
                y                                         y    p
• Provides a reduction to current and future years for federal and
  state tax liabilities.
• Opens the doors to tap into the 110 billion dollars of available federal
  Research and Development tax credits.
• Is available for the last 3 open tax years plus the current year.
• May open additional years if the tax payer is
  in a net operating loss or alternative
  minimum tax position.

FACT:
Over 90% of the businesses that qualify fail
to fully capture all their available tax credits
through the R&D Tax Credit program.
What Really Qualifies

We find that most of our clients fail to consider themselves qualified.
They say we are “just doing our job” when it comes to making their
Products faster more economical lighter stronger, cheaper or even
           faster,    economical, lighter, stronger
improving the process in which its made. But the fact is these activities
qualify for the R&D Tax credit. Here are some of the qualifying activities:
• Manufactured products
• Development of new, improved or more reliable products/processes/techniques or formulas
• Development of prototypes or models (including computer generated models)
• Designing of tools, jigs, molds and dies
• Development and application for p
          p            pp           patents
• Development of new technologies
• Attempt of using new materials (failed or successful)
• Integrate, design and modification of new equipment
• Development of new production or manufacturing processes
• Improving on new production and manufacturing processes
• Development of production control or management software
• Improvement of manufacturing facilities or processes
• Building of new manufacturing facilities or processes
• Automation of or streamlining of internal processes
• Expend resources on outside consultants or contractors
   for doing any of the above stated activities
Has Your Company Ever Done a
Research and Development Report?

Most Companies Haven't
Those who have fail to fully take advantage of every aspect available.

Our Approach
Phase one: Feasibility Study and Assessment
We collect all the needed data and provide you with a no-cost,
no-obligation Feasibility study to determine qualifying opportunities.

Phase Two: Devise and Implementation
We devise a detailed work plan and execute it accordingly. We interview
necessary employees, analyze contemporaneous documentation and
financial information to finalize the quantitative aspects of the study.

Phase Three: Reporting
This phase is where all the previous preparation and work comes together
in
i a qualified R&D T C dit R
       lifi d     Tax Credit Report. Thi also i l d th f ilit ti and
                                    t This l includes the facilitation d
Preparation of any required tax preparation.
Examples

If a company has operational and procedures that qualify for R&D Tax
Credits their tax
C dit th i t savings could b substantial.
                  i     ld be b t ti l


The percentage of annual costs that qualify for the R&D Tax Credits could
range from 5 to 20% of gross annual revenue, sometimes more.

Dollar Amount         1 yr Credit @ 5%             3 yr Credit @ 5%
$1,000,000               $50,000                      $150,000
$5,000,000              $250,000                      $750,000

Dollar Amount         1 yr Credit @ 20%            3 yr Credit @ 20%
$1,000,000               $200,000                     $600,000
$5,000,000              $1,000,000                   $3,000,000

Our average client qualifies for over $350,000 in Tax Credit Refunds.
Actual Clients

Medical Equipment Manufacturer
Revenue $32,000,000 - Tax Credit Savings $560,000

Communications Equipment Manufacturer
Revenue $8,000,000 - Tax Credit Savings $85,000

Chemical Coatings Company
Revenue $85,000,000 - Tax Credit Savings $1,200,000

Enterprise Software Systems
Revenue $42,000,000 - Tax Credit Savings $1,800,000

Chemical Processing
                  g
Revenue $550,000,000 - Tax Credit Savings $2,300,000

Compressor Manufacturing
Revenue $15 000 000 - Tax Credit Savings $140 000
        $15,000,000                      $140,000
Most Common Asked Questions

Shouldn’t I already be doing this?
Not necessarily, experience shows that less than 10% of the
               y   p
companies that qualify actually take advantage of the R&D Tax Credit
in any form. Most of those are public companies who can afford to
access specialty tax services, plus the R&D Tax Credit Report is a very
complex process
          process.

Will this cause an IRS audit?
No, the IRS has defined the R&D Tax Credit procedures and when they
are followed there are no problems. We have over 4300 problem free
tax clients. Plus if there ever is an issue with our work we stand behind
it 100% with no cost to the client.

How do I know if I qualify?
By allowing AmCorp to do a no-obligation,
no-cost Feasibility Study on your tax filings.
Our Process



P   id       ith         t      bli ti    f   ibilit t d
Provide you with a no-cost, no-obligation feasibility study

This will:

• Identify your available Tax Credit savings

• Outline the process

• Outline our pre-determined flat based fee

• Highlight your responsibilities

• Detail the timeline of the process
The Next Step

YOU
SUBMIT A LETTER OF UNDERSTANDING
PROVIDE COPIES OF THE FOLLOWING:
      Required tax records
      Contact Person


AmCorp Management
ANALYZE YOUR RECORDS
PROVIDE A FEASIBILITY STUDY

Upon approval of the Feasibility Study, we
will prepare a qualified R&D Tax Credit Study
as well as prepare all the necessary filing
documentation required for your to receive
your tax refunds and savings.

More Related Content

What's hot

Finance in Cornwall 2017 - First Session
Finance in Cornwall 2017 - First Session Finance in Cornwall 2017 - First Session
Finance in Cornwall 2017 - First Session
PKF Francis Clark
 
R&D Presentation 2018
R&D Presentation 2018R&D Presentation 2018
R&D Presentation 2018
Haines Watts
 
Why Lawyers Need Lean, Lean Six Sigma Montreal, June 2013
Why Lawyers Need Lean, Lean Six Sigma Montreal, June 2013Why Lawyers Need Lean, Lean Six Sigma Montreal, June 2013
Why Lawyers Need Lean, Lean Six Sigma Montreal, June 2013
KarenGimbal
 
Mazars Research & Development Tax Credits
Mazars Research & Development Tax CreditsMazars Research & Development Tax Credits
Mazars Research & Development Tax Credits
Mazars Ireland
 
Smarter Legal Model overview & data update T Faure (Jan 2014)
Smarter Legal Model overview & data update T Faure (Jan 2014)Smarter Legal Model overview & data update T Faure (Jan 2014)
Smarter Legal Model overview & data update T Faure (Jan 2014)Colin Tong
 
About Apex
About ApexAbout Apex
About ApexJoe Park
 
Legal Resource Allocation:
Legal Resource Allocation: Legal Resource Allocation:
Legal Resource Allocation: KarenGimbal
 
May 11, 2015 Monday Morning Learning and Growth, 2015 Budget Announcements
May 11, 2015 Monday Morning Learning and Growth, 2015 Budget AnnouncementsMay 11, 2015 Monday Morning Learning and Growth, 2015 Budget Announcements
May 11, 2015 Monday Morning Learning and Growth, 2015 Budget AnnouncementsJesse Dunn, CPA, CA
 
24 June 2014: HM Revenue and Customs
24 June 2014: HM Revenue and Customs24 June 2014: HM Revenue and Customs
24 June 2014: HM Revenue and Customs
Defence and Security Accelerator
 
Take Control of Your Financial Performance
Take Control of Your Financial PerformanceTake Control of Your Financial Performance
Take Control of Your Financial Performance
MyCase Legal Case and Practice Management Software
 
Grow Your Caseload with Lead Tracking
Grow Your Caseload with Lead TrackingGrow Your Caseload with Lead Tracking
Grow Your Caseload with Lead Tracking
MyCase Legal Case and Practice Management Software
 
Tax Credits: Leave No Stone Unturned
Tax Credits: Leave No Stone UnturnedTax Credits: Leave No Stone Unturned
Tax Credits: Leave No Stone Unturned
Snag
 
Measuring Knowledge Commercialization/ Denzil Doyle
Measuring Knowledge Commercialization/ Denzil DoyleMeasuring Knowledge Commercialization/ Denzil Doyle
Measuring Knowledge Commercialization/ Denzil Doyle
claplante
 
Openworks presentation
Openworks presentationOpenworks presentation
Openworks presentationJohnsonFleming
 
New Entity Kick Off 18 June 2007
New Entity Kick Off 18 June 2007New Entity Kick Off 18 June 2007
New Entity Kick Off 18 June 2007ONE.Agency
 
OTAF Guide for Entrepreneurs
OTAF Guide for EntrepreneursOTAF Guide for Entrepreneurs
OTAF Guide for EntrepreneursRev1 Ventures
 
Freetrade 2016 Crowdcube deck
Freetrade 2016 Crowdcube deckFreetrade 2016 Crowdcube deck
Freetrade 2016 Crowdcube deck
Isabel Woodford
 

What's hot (18)

Finance in Cornwall 2017 - First Session
Finance in Cornwall 2017 - First Session Finance in Cornwall 2017 - First Session
Finance in Cornwall 2017 - First Session
 
R&D Presentation 2018
R&D Presentation 2018R&D Presentation 2018
R&D Presentation 2018
 
Why Lawyers Need Lean, Lean Six Sigma Montreal, June 2013
Why Lawyers Need Lean, Lean Six Sigma Montreal, June 2013Why Lawyers Need Lean, Lean Six Sigma Montreal, June 2013
Why Lawyers Need Lean, Lean Six Sigma Montreal, June 2013
 
Mazars Research & Development Tax Credits
Mazars Research & Development Tax CreditsMazars Research & Development Tax Credits
Mazars Research & Development Tax Credits
 
Smarter Legal Model overview & data update T Faure (Jan 2014)
Smarter Legal Model overview & data update T Faure (Jan 2014)Smarter Legal Model overview & data update T Faure (Jan 2014)
Smarter Legal Model overview & data update T Faure (Jan 2014)
 
TEC Ed
TEC EdTEC Ed
TEC Ed
 
About Apex
About ApexAbout Apex
About Apex
 
Legal Resource Allocation:
Legal Resource Allocation: Legal Resource Allocation:
Legal Resource Allocation:
 
May 11, 2015 Monday Morning Learning and Growth, 2015 Budget Announcements
May 11, 2015 Monday Morning Learning and Growth, 2015 Budget AnnouncementsMay 11, 2015 Monday Morning Learning and Growth, 2015 Budget Announcements
May 11, 2015 Monday Morning Learning and Growth, 2015 Budget Announcements
 
24 June 2014: HM Revenue and Customs
24 June 2014: HM Revenue and Customs24 June 2014: HM Revenue and Customs
24 June 2014: HM Revenue and Customs
 
Take Control of Your Financial Performance
Take Control of Your Financial PerformanceTake Control of Your Financial Performance
Take Control of Your Financial Performance
 
Grow Your Caseload with Lead Tracking
Grow Your Caseload with Lead TrackingGrow Your Caseload with Lead Tracking
Grow Your Caseload with Lead Tracking
 
Tax Credits: Leave No Stone Unturned
Tax Credits: Leave No Stone UnturnedTax Credits: Leave No Stone Unturned
Tax Credits: Leave No Stone Unturned
 
Measuring Knowledge Commercialization/ Denzil Doyle
Measuring Knowledge Commercialization/ Denzil DoyleMeasuring Knowledge Commercialization/ Denzil Doyle
Measuring Knowledge Commercialization/ Denzil Doyle
 
Openworks presentation
Openworks presentationOpenworks presentation
Openworks presentation
 
New Entity Kick Off 18 June 2007
New Entity Kick Off 18 June 2007New Entity Kick Off 18 June 2007
New Entity Kick Off 18 June 2007
 
OTAF Guide for Entrepreneurs
OTAF Guide for EntrepreneursOTAF Guide for Entrepreneurs
OTAF Guide for Entrepreneurs
 
Freetrade 2016 Crowdcube deck
Freetrade 2016 Crowdcube deckFreetrade 2016 Crowdcube deck
Freetrade 2016 Crowdcube deck
 

Similar to R&D Tax Credits

R&D Credits
R&D CreditsR&D Credits
R&D Credits
amcorp
 
About Apex
About ApexAbout Apex
About ApexJoe Park
 
Research & Development Tax Credit Case Study
Research & Development Tax Credit Case StudyResearch & Development Tax Credit Case Study
Research & Development Tax Credit Case Study
CBIZ, Inc.
 
Your company could be losing profits unknowingly
Your company could be losing profits unknowinglyYour company could be losing profits unknowingly
Your company could be losing profits unknowingly
jperry98
 
Webinar Slides: Opportunities to Offset Payroll Tax Liabilities with Research...
Webinar Slides: Opportunities to Offset Payroll Tax Liabilities with Research...Webinar Slides: Opportunities to Offset Payroll Tax Liabilities with Research...
Webinar Slides: Opportunities to Offset Payroll Tax Liabilities with Research...
MHM (Mayer Hoffman McCann P.C.)
 
Unknown Overcharges
Unknown OverchargesUnknown Overcharges
Unknown Overcharges
amcorp
 
Advocates Letter Format Shor Tpresentation Printable
Advocates Letter Format Shor Tpresentation PrintableAdvocates Letter Format Shor Tpresentation Printable
Advocates Letter Format Shor Tpresentation Printable
Thomas Tysl
 
Technology tax credits for small businesses
Technology tax credits for small businessesTechnology tax credits for small businesses
Technology tax credits for small businesses
Tania Samsonova
 
eBook for R&D tax credits
eBook for R&D tax creditseBook for R&D tax credits
eBook for R&D tax credits
Alexander Clifford
 
R&D Tax Credits Presentation by Steve Ragow
R&D Tax Credits Presentation by Steve RagowR&D Tax Credits Presentation by Steve Ragow
R&D Tax Credits Presentation by Steve RagowBronwen Elizabeth Madden
 
Tax Planning for the Marine Industry - IBEX Tech Talk 2019
Tax Planning for the Marine Industry - IBEX Tech Talk 2019Tax Planning for the Marine Industry - IBEX Tech Talk 2019
Tax Planning for the Marine Industry - IBEX Tech Talk 2019
Ron Wainwright, CPA MST
 
A Guide to SR&ED Funding
A Guide to SR&ED FundingA Guide to SR&ED Funding
A Guide to SR&ED Funding
Canadian SRED Solutions
 
Introduction to R&D Tax Credits in Canada with Worked Examples for Small and ...
Introduction to R&D Tax Credits in Canada with Worked Examples for Small and ...Introduction to R&D Tax Credits in Canada with Worked Examples for Small and ...
Introduction to R&D Tax Credits in Canada with Worked Examples for Small and ...
Scitax Advisory Partners LP
 
Articulate core channel partner program
Articulate core channel partner programArticulate core channel partner program
Articulate core channel partner programterry judge
 
10137829 RDGI Brochure_single
10137829 RDGI Brochure_single10137829 RDGI Brochure_single
10137829 RDGI Brochure_singleJack O'Connor
 
Tax planning tools for marine manufacturers - IBEX online workshop
Tax planning tools for marine manufacturers - IBEX online workshopTax planning tools for marine manufacturers - IBEX online workshop
Tax planning tools for marine manufacturers - IBEX online workshop
Michael C. Laur, CPA MTx
 
End To End Accounts Receivable Process
End To End Accounts Receivable ProcessEnd To End Accounts Receivable Process
End To End Accounts Receivable Process
samacdon
 
Kpmg Case Essay
Kpmg Case EssayKpmg Case Essay
Kpmg Case Essay
Krystal Green
 

Similar to R&D Tax Credits (20)

R&D Credits
R&D CreditsR&D Credits
R&D Credits
 
About Apex
About ApexAbout Apex
About Apex
 
Research & Development Tax Credit Case Study
Research & Development Tax Credit Case StudyResearch & Development Tax Credit Case Study
Research & Development Tax Credit Case Study
 
Bianchi-Firm Resume 2
Bianchi-Firm Resume 2Bianchi-Firm Resume 2
Bianchi-Firm Resume 2
 
Your company could be losing profits unknowingly
Your company could be losing profits unknowinglyYour company could be losing profits unknowingly
Your company could be losing profits unknowingly
 
Webinar Slides: Opportunities to Offset Payroll Tax Liabilities with Research...
Webinar Slides: Opportunities to Offset Payroll Tax Liabilities with Research...Webinar Slides: Opportunities to Offset Payroll Tax Liabilities with Research...
Webinar Slides: Opportunities to Offset Payroll Tax Liabilities with Research...
 
Unknown Overcharges
Unknown OverchargesUnknown Overcharges
Unknown Overcharges
 
AmCorp General Overview
AmCorp General OverviewAmCorp General Overview
AmCorp General Overview
 
Advocates Letter Format Shor Tpresentation Printable
Advocates Letter Format Shor Tpresentation PrintableAdvocates Letter Format Shor Tpresentation Printable
Advocates Letter Format Shor Tpresentation Printable
 
Technology tax credits for small businesses
Technology tax credits for small businessesTechnology tax credits for small businesses
Technology tax credits for small businesses
 
eBook for R&D tax credits
eBook for R&D tax creditseBook for R&D tax credits
eBook for R&D tax credits
 
R&D Tax Credits Presentation by Steve Ragow
R&D Tax Credits Presentation by Steve RagowR&D Tax Credits Presentation by Steve Ragow
R&D Tax Credits Presentation by Steve Ragow
 
Tax Planning for the Marine Industry - IBEX Tech Talk 2019
Tax Planning for the Marine Industry - IBEX Tech Talk 2019Tax Planning for the Marine Industry - IBEX Tech Talk 2019
Tax Planning for the Marine Industry - IBEX Tech Talk 2019
 
A Guide to SR&ED Funding
A Guide to SR&ED FundingA Guide to SR&ED Funding
A Guide to SR&ED Funding
 
Introduction to R&D Tax Credits in Canada with Worked Examples for Small and ...
Introduction to R&D Tax Credits in Canada with Worked Examples for Small and ...Introduction to R&D Tax Credits in Canada with Worked Examples for Small and ...
Introduction to R&D Tax Credits in Canada with Worked Examples for Small and ...
 
Articulate core channel partner program
Articulate core channel partner programArticulate core channel partner program
Articulate core channel partner program
 
10137829 RDGI Brochure_single
10137829 RDGI Brochure_single10137829 RDGI Brochure_single
10137829 RDGI Brochure_single
 
Tax planning tools for marine manufacturers - IBEX online workshop
Tax planning tools for marine manufacturers - IBEX online workshopTax planning tools for marine manufacturers - IBEX online workshop
Tax planning tools for marine manufacturers - IBEX online workshop
 
End To End Accounts Receivable Process
End To End Accounts Receivable ProcessEnd To End Accounts Receivable Process
End To End Accounts Receivable Process
 
Kpmg Case Essay
Kpmg Case EssayKpmg Case Essay
Kpmg Case Essay
 

Recently uploaded

Key Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdfKey Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdf
Cheryl Hung
 
Elevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object CalisthenicsElevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object Calisthenics
Dorra BARTAGUIZ
 
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
Prayukth K V
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Inflectra
 
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
Ramesh Iyer
 
Monitoring Java Application Security with JDK Tools and JFR Events
Monitoring Java Application Security with JDK Tools and JFR EventsMonitoring Java Application Security with JDK Tools and JFR Events
Monitoring Java Application Security with JDK Tools and JFR Events
Ana-Maria Mihalceanu
 
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Albert Hoitingh
 
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
BookNet Canada
 
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
Product School
 
Essentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with ParametersEssentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with Parameters
Safe Software
 
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
DanBrown980551
 
DevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA ConnectDevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA Connect
Kari Kakkonen
 
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdfSmart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
91mobiles
 
Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...
Product School
 
Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...
Product School
 
UiPath Test Automation using UiPath Test Suite series, part 3
UiPath Test Automation using UiPath Test Suite series, part 3UiPath Test Automation using UiPath Test Suite series, part 3
UiPath Test Automation using UiPath Test Suite series, part 3
DianaGray10
 
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsTo Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
Paul Groth
 
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdfFIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance
 
Connector Corner: Automate dynamic content and events by pushing a button
Connector Corner: Automate dynamic content and events by pushing a buttonConnector Corner: Automate dynamic content and events by pushing a button
Connector Corner: Automate dynamic content and events by pushing a button
DianaGray10
 
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Product School
 

Recently uploaded (20)

Key Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdfKey Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdf
 
Elevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object CalisthenicsElevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object Calisthenics
 
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
 
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...
 
Monitoring Java Application Security with JDK Tools and JFR Events
Monitoring Java Application Security with JDK Tools and JFR EventsMonitoring Java Application Security with JDK Tools and JFR Events
Monitoring Java Application Security with JDK Tools and JFR Events
 
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024
 
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
 
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
 
Essentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with ParametersEssentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with Parameters
 
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...
 
DevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA ConnectDevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA Connect
 
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdfSmart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
 
Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...
 
Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...
 
UiPath Test Automation using UiPath Test Suite series, part 3
UiPath Test Automation using UiPath Test Suite series, part 3UiPath Test Automation using UiPath Test Suite series, part 3
UiPath Test Automation using UiPath Test Suite series, part 3
 
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsTo Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
 
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdfFIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
 
Connector Corner: Automate dynamic content and events by pushing a button
Connector Corner: Automate dynamic content and events by pushing a buttonConnector Corner: Automate dynamic content and events by pushing a button
Connector Corner: Automate dynamic content and events by pushing a button
 
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
 

R&D Tax Credits

  • 1. The Nation’s Leader in Research and Development Tax Services
  • 2. AmCorp Management, Inc. has been highlighted by the following media outlets Plus many more…
  • 3. AmCorp Management is the Nation’s Leader in R&D Tax Credit Services A C AmCorp’s R&D f ’ l l focuses solely on f d federal and state R&D t credit l d t t tax dit programs. These corporate economic incentives are conservative, IRS approved and Government sponsored programs. If your company has invested time, money and resources towards improving and/or advancing its products or processes you may qualify for Research and Development Tax Credits. AmCorp has relationships with teams of senior-level specialists. These specialists include tax experts, attorneys, accountants, technical writers and software engineers. Each of these specialists are committed to providing you with the most effective and meticulous Feasibility Study and follow-up Research and Development Study available.
  • 4. The R&D Tax Credit Opportunity The R&D Tax Credit was created by Congress in 1981 as an incentive to Increase private industry research investments. Recognizing that T h l i li Technological innovation d i i ti drives economic growth, productivity, and th d ti it d competitiveness, the purpose of the credit was to reverse a decline in non-governmental U.S. research and development efforts. To qualify a company must produce a expansive Research and Development Report detailing every qualifying aspect . When the IRS approves the R&D Report your credit is not a deduction but deduction, a dollar for dollar credit against taxes owed or taxes paid. The qualifying aspects are certain types of p yp product development, expansion, p p process improvement and engineering activities. It is for businesses of all sizes in a variety of commercial activities, including engineering, manufacturing, processing manufacturing processing, food production production, development and other commercial endeavors.
  • 5. What The Experts Say Reuters quot;The tax credit is a huge factor in fostering the technological advances that are the cornerstone of America's success.“ America s success Government Relations Committee “Your company could be losing hundreds of thousands of dollars by not taking advantage of the R&D Tax Credit provisions.” IPC Association “If your company invests in advancing your products or innovating your If processes, your pursuit of the credit could yield significant current and future year tax savings. Wall St W ll Street Journal tJ l If your company has spent time and energy to improve your product and make it better, faster, and cheaper—then you have qualifying research cheaper then under the Federal Research and Experimentation Tax Credit.
  • 6. The R&D Tax Credit Opportunity The R&D Tax Credit Opportunity: • Is a relatively unknown source of immediate cash for many companies. y y p • Provides a reduction to current and future years for federal and state tax liabilities. • Opens the doors to tap into the 110 billion dollars of available federal Research and Development tax credits. • Is available for the last 3 open tax years plus the current year. • May open additional years if the tax payer is in a net operating loss or alternative minimum tax position. FACT: Over 90% of the businesses that qualify fail to fully capture all their available tax credits through the R&D Tax Credit program.
  • 7. What Really Qualifies We find that most of our clients fail to consider themselves qualified. They say we are “just doing our job” when it comes to making their Products faster more economical lighter stronger, cheaper or even faster, economical, lighter, stronger improving the process in which its made. But the fact is these activities qualify for the R&D Tax credit. Here are some of the qualifying activities: • Manufactured products • Development of new, improved or more reliable products/processes/techniques or formulas • Development of prototypes or models (including computer generated models) • Designing of tools, jigs, molds and dies • Development and application for p p pp patents • Development of new technologies • Attempt of using new materials (failed or successful) • Integrate, design and modification of new equipment • Development of new production or manufacturing processes • Improving on new production and manufacturing processes • Development of production control or management software • Improvement of manufacturing facilities or processes • Building of new manufacturing facilities or processes • Automation of or streamlining of internal processes • Expend resources on outside consultants or contractors for doing any of the above stated activities
  • 8. Has Your Company Ever Done a Research and Development Report? Most Companies Haven't Those who have fail to fully take advantage of every aspect available. Our Approach Phase one: Feasibility Study and Assessment We collect all the needed data and provide you with a no-cost, no-obligation Feasibility study to determine qualifying opportunities. Phase Two: Devise and Implementation We devise a detailed work plan and execute it accordingly. We interview necessary employees, analyze contemporaneous documentation and financial information to finalize the quantitative aspects of the study. Phase Three: Reporting This phase is where all the previous preparation and work comes together in i a qualified R&D T C dit R lifi d Tax Credit Report. Thi also i l d th f ilit ti and t This l includes the facilitation d Preparation of any required tax preparation.
  • 9. Examples If a company has operational and procedures that qualify for R&D Tax Credits their tax C dit th i t savings could b substantial. i ld be b t ti l The percentage of annual costs that qualify for the R&D Tax Credits could range from 5 to 20% of gross annual revenue, sometimes more. Dollar Amount 1 yr Credit @ 5% 3 yr Credit @ 5% $1,000,000 $50,000 $150,000 $5,000,000 $250,000 $750,000 Dollar Amount 1 yr Credit @ 20% 3 yr Credit @ 20% $1,000,000 $200,000 $600,000 $5,000,000 $1,000,000 $3,000,000 Our average client qualifies for over $350,000 in Tax Credit Refunds.
  • 10. Actual Clients Medical Equipment Manufacturer Revenue $32,000,000 - Tax Credit Savings $560,000 Communications Equipment Manufacturer Revenue $8,000,000 - Tax Credit Savings $85,000 Chemical Coatings Company Revenue $85,000,000 - Tax Credit Savings $1,200,000 Enterprise Software Systems Revenue $42,000,000 - Tax Credit Savings $1,800,000 Chemical Processing g Revenue $550,000,000 - Tax Credit Savings $2,300,000 Compressor Manufacturing Revenue $15 000 000 - Tax Credit Savings $140 000 $15,000,000 $140,000
  • 11. Most Common Asked Questions Shouldn’t I already be doing this? Not necessarily, experience shows that less than 10% of the y p companies that qualify actually take advantage of the R&D Tax Credit in any form. Most of those are public companies who can afford to access specialty tax services, plus the R&D Tax Credit Report is a very complex process process. Will this cause an IRS audit? No, the IRS has defined the R&D Tax Credit procedures and when they are followed there are no problems. We have over 4300 problem free tax clients. Plus if there ever is an issue with our work we stand behind it 100% with no cost to the client. How do I know if I qualify? By allowing AmCorp to do a no-obligation, no-cost Feasibility Study on your tax filings.
  • 12. Our Process P id ith t bli ti f ibilit t d Provide you with a no-cost, no-obligation feasibility study This will: • Identify your available Tax Credit savings • Outline the process • Outline our pre-determined flat based fee • Highlight your responsibilities • Detail the timeline of the process
  • 13. The Next Step YOU SUBMIT A LETTER OF UNDERSTANDING PROVIDE COPIES OF THE FOLLOWING: Required tax records Contact Person AmCorp Management ANALYZE YOUR RECORDS PROVIDE A FEASIBILITY STUDY Upon approval of the Feasibility Study, we will prepare a qualified R&D Tax Credit Study as well as prepare all the necessary filing documentation required for your to receive your tax refunds and savings.