We create best practices within the industry and uncover opportunities to increase credits, deductions, and deferrals in ways that often go undetected by other firms.
Most businesses are leaving real tax savings on the table. Credits go unclaimed. Deductions are missed. Deferrals get handled late or not at all. And when you try to fix it later, it’s expensive and messy. We run a clean, repeatable process to surface the opportunities that actually matter, document them so they hold up, and build them into your ongoing compliance so it’s not a one-time scramble. The result is simple. More savings captured. Audit-ready support. Fewer surprises. And a tax function that helps the business move faster instead of slowing it down.
- Claim lucrative Research & Development credits and other tax saving opportunities
- Fast results and positive tax outcomes that save time, money, and hassle
- Insights that inform tax decisions and transaction strategy
- Specialty expertise trusted by other CPA firms when in-house capability is limited
Tax minimization solutions led by R&D expertise
We are R&D
R&D is a cornerstone of what we do, but our tax minimization team also supports other high-impact studies and controversy work where experience and documentation matter. If you need audit-ready work, minimal disruption, and a team that can handle complexity end-to-end, we’re a fit.
- Businesses looking for comprehensive tax solutions
- Corporate tax departments needing R&D expertise
- CPA firms without in-house R&D specialty
- Businesses under IRS and state audit
Leverage Our Experience
We bring 60+ years of combined experience maximizing tax savings for innovative businesses. By combining efficient processes with modern technology, we help control costs while keeping your business moving forward.
We integrate a compliance framework so credits can be captured year after year with audit-ready deliverables. Led by Mark Dunning, the TaxOps Minimization team is responsive day-to-day and accomplished negotiators in IRS and state proceedings.
Tax Savings Through Credits
We’ve generated significant tax savings for clients by uncovering opportunities that often go undetected and by delivering audit-ready documentation. Primary industries we serve include:
- Software & Technology
- Engineering
- Manufacturing
- Automotive
- Biomedical/medical devices
- Aeronautical
What our clients say
We work hard and are easy to work with. Don’t take our word for it. See what our clients have to say.
Research & Development Credits
Unlock the financing potential of R&D credits
These dollar-for-dollar federal and state credits are available to taxpayers who perform qualified research, and can return 5 to 8 cents for every dollar spent in qualified expenses.
R&D Payroll Tax Offset
Companies with < $5 million in revenue and < 5 years of revenue can use the credit to offset payroll tax in the quarter after filing a tax return that includes research credit claims.
Increase net R&D credit return
We deliver fresh perspectives and proven strategies that:
• Qualify and quantify activities by associate per component and project
• Uncover additional expensing categories
• Streamline the interview, data and documentation process
• Increase validity of qualifications while keeping disruptions to a minimum
• Deliver audit-ready study on an indexed flash drive for easy record retrieval
• Integrate compliance framework and forward-looking tax saving strategy
R&D process
With an efficient, year-round process, we perform the R&D study on your timeline and deliver all reports, schedules and memos well before the tax return deadline. Our efforts extend to modifying your provision estimate.
§382 Limitation calculations
Businesses with accumulated net operating losses (NOLs) and tax credits could find access to these tax benefits limited by IRC §382/383 without proper planning. §382/383 studies measure when a limitation arises, and the allowable amounts, related to business events that include ownership changes and funding activities.
Value of §382/383 Studies
Net Operating Loss and Tax Credit Planning studies support the amount of deferred tax assets from NOLs or credits in financial statements, tax returns, and transaction due diligence.
IRS and State Controversy Assistance
At one time or another, most companies are faced with having to work with the Internal Revenue Service and other state revenue agents to settle tax issues in dispute. We work with national and local tax authorities to develop an audit and workout plan for settling outstanding tax issues, minimizing operating disruptions and frustration often associated with audits, pre-filing agreements, and appeals cases.
Uniform Capitalization §263A
The Internal Revenue Service requires taxpayers to capitalize overhead costs associated with inventory, which increases taxable income. There are several different methods to determine what to include in the calculation. Due to the complexity of the calculation, many taxpayers include costs that should be excluded or use less-than-optimal calculation methods, thus increasing the capitalization.
Value of Uniform Capitalization Study
Through a uniform capitalization study, costs are analyzed and the optimal calculation method is selected for capitalizing overhead costs associated with inventory and lower your tax obligations
§174 & §59(e) Capitalization
Historically under §174, taxpayers were allowed to expense all research expenses or elect to capitalize these costs over five years. For tax years starting Jan. 1, 2022, all businesses—from multi-billion-dollar corporations to small business owners—have been required to capitalize §174 costs, including software development costs. These companies must capitalize all IRC §174 expenses, spreading the amortization of those expenses over either five (US costs) or 15 (foreign costs) years.
Among those impacted are businesses:
- Making use of §174 expense deductions
- Claiming R&D credits
- Preparing income tax provisions
- Making quarterly estimated tax payments
Section 59(e) provides an optional election to capitalize and ratably amortize §174(a) R&E expenditures over a 10-year period beginning with the taxable year the expenditure was made.
Each taxpayer must follow the law, both capitalizing and amortizing research expenses in alignment with their respective timing situation. Reach out to your TaxOps adviser for more guidance.
How It Works
How the R&D process works
IDENTIFY & QUALIFY
We’ll surface and validate eligible activities and expenses without pulling your team off course.
DOCUMENT & DEFEND
We’ll then build clear, defensible documentation that stands up in an audit.
INTEGRATE & REPEAT
We’ll embed it into a repeatable compliance system so savings are captured moving forward.
FAQ’S
Who is a fit for tax minimization services?
Companies with meaningful R&D activity, complex operations, or opportunities for credits, deductions, and deferrals that require audit-ready documentation.
How disruptive is an R&D credit study?
We streamline interviews, data collection, and documentation to minimize disruption and keep the process efficient.
What if we are under IRS or state audit?
We provide IRS and state controversy assistance and develop an audit and workout plan to reduce disruption and frustration.
Do you support §174 capitalization and related planning?
Yes. We help businesses address §174 capitalization requirements and understand downstream impacts to provisions and estimated payments.
Do you handle studies beyond R&D credits?
Yes. We support §382/383 limitation calculations, §263A uniform capitalization studies, and other tax minimization strategies where documentation and experience matter.
Insights & Events
R&D Credits for Software Companies: Scrum Teams, Qualifiers, and Section 174 After OBBBA
TaxOps Partners Jamie Overberg and Sean Espy share their expertise on R&D Credits for Software Companies in this live webinar. R&D Credits for Software Companies Online Only | 2.0 Credits Tuesday, June 9 | 11:00 AM MT,...
TaxOps Welcomes Sean Espy as Partner, Tax Minimization
TaxOps welcomes Sean Espy as Partner in Tax Minimization We are pleased to announce that Sean Espy has joined TaxOps Minimization as Partner. Sean brings more than 25 years of consulting experience spanning public accounting, legal, and industry settings — including...
ASC 740: Impact on Your Financial Statements CPE
Join TaxOps' Lindsay Haskell and Dan DeLau for a 2-credit CPE course at Lorman on ASC 740: Impact on Your Financial Statements ASC 740: Impact on Your Financial Statements Online Only | 2.0 Credits Monday, April 9 | 1:00 PM ET Register Strengthen your ASC 740...
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View Our Other Solutions
Federal
No two businesses are the same. So, our federal and international tax solutions are fully customized to the way you do business.
State and Local Tax
What you don’t know about taxes shouldn’t undermine your business success here, in all 50 states, five U.S. territories and internationally.
ASC 740
Accounting for income taxes is detail-oriented, complex and time-consuming. Let’s take it off your plate.
Get the right set of eyes on your challenging tax issues. Talk with a tax advocate and get practical guidance that supports your strategy, without surprises.
We are hands-on, responsive, and collaborative year-round. Don’t take our word for it.