Research & Development Tax Credit Studies

Research and Development Tax Credits

Research and Development (R&D) Tax Credits are often misunderstood by both tax practitioners and business owners. Yes, the technology industry is a clear beneficiary, but many other industries can benefit as well. Companies that not only develop but improve products or processes can take advantage of R&D tax credits. For example, if your company has made your products faster, more cost effective or more durable, the costs associated may be eligible not only for federal R&D tax credits, but state credits. Such process improvements as those that result in better quality or more environmentally friendly production may also meet the qualifications for R&D tax credits.

How You May Benefit

To the extent you are identifying R&D expenditure, you may be opting to amortize over 60 months or even writing off the expense over 10 years. Why? In some cases certain R&D expenses can be deducted in the current year or, if you have neglected to claim eligible credits in past years, you might be able to file an amended return for all open years (three years back, plus current year).

In other cases, you may be aware of R&D tax credits, but may not believe their expenses are significant enough or are wary of claiming unqualified activities. By offering expertise in the R&D tax area, you will be provided with reliable back-up for their R&D claims.

Who Is Eligible

Many industries can take advantage of the R&D tax credit, including:

  • Manufacturing, including chemical production, consumer products and industrial equipment
  • Construction/Building Equipment Installation
  • Food & Beverage/Food Sciences
  • Automotive
  • Engineering, including energy efficiency and design improvement
  • Technology/Software Development
  • Agriculture
  • Health Care/Life Sciences
  • Professional Services
  • Retail

How We Can Help

Ampro LLC has performed more than 100 R&D studies over the past decade. We will research your production and processes to identify eligible R&D activities and provide the detailed documentation to take advantage of R&D Tax Credits on both the federal and state level in a customizable report.

For more information, call (248) 663-4094. Email:

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