{"id":8582,"date":"2021-08-11T21:01:31","date_gmt":"2021-08-11T21:01:31","guid":{"rendered":"https:\/\/taxops.com\/?p=8582"},"modified":"2021-08-18T21:41:25","modified_gmt":"2021-08-18T21:41:25","slug":"eligible-for-lucrative-rd-credits","status":"publish","type":"post","link":"https:\/\/taxops.com\/eligible-for-lucrative-rd-credits\/","title":{"rendered":"Eligible for Lucrative R&#038;D Credits?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/RD-flowchart-LinkedIn-1024x536.png\" alt=\"\" class=\"wp-image-8732 lazyload\" data-srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/RD-flowchart-LinkedIn-1024x536.png 1024w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/RD-flowchart-LinkedIn-980x513.png 980w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/RD-flowchart-LinkedIn-480x251.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><noscript><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/RD-flowchart-LinkedIn-1024x536.png\" alt=\"\" class=\"wp-image-8732 lazyload\" srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/RD-flowchart-LinkedIn-1024x536.png 1024w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/RD-flowchart-LinkedIn-980x513.png 980w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/RD-flowchart-LinkedIn-480x251.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/noscript><\/figure>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Any company that develops new or improved products, processes, or software\u2014in some cases, whether profitable or not\u2014may qualify for these lucrative credits.<\/em> <em>Wondering if you are eligible to take advantage of lucrative research credits that could cut your federal and state tax liability?&nbsp;Find out here!<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When it comes to research and development tax credits, certain costs related to wages, supplies and contract research are eligible. Often, though, taxpayers \u2014 and more specifically, the engineers doing the work \u2014 overlook various processes and routine work that can be tapped for extra tax savings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">R&amp;D credits aren\u2019t limited to what\u2019s never been done before. Yet, each year, corporations and pass-throughs across industries fail to claim R&amp;D tax credits because they aren\u2019t aware of how few eligible employees are necessary to claim the credits or the many day-to-day activities that qualify for dollar-for-dollar reductions in income tax liability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Check the chart below to determine whether you are eligible for R&amp;D credits. TaxOps Minimization puts R&amp;D credits within reach.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/taxops.com\/contact\/\" target=\"_blank\" rel=\"noreferrer noopener\">Qualified? Contact Us<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"800\" height=\"2000\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/TaxOps-Min-RD-Eligibility-3.png\" alt=\"\" class=\"wp-image-8679 lazyload\" data-srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/TaxOps-Min-RD-Eligibility-3.png 800w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/TaxOps-Min-RD-Eligibility-3-480x1200.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 800px, 100vw\" \/><noscript><img decoding=\"async\" width=\"800\" height=\"2000\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/TaxOps-Min-RD-Eligibility-3.png\" alt=\"\" class=\"wp-image-8679 lazyload\" srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/TaxOps-Min-RD-Eligibility-3.png 800w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/TaxOps-Min-RD-Eligibility-3-480x1200.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 800px, 100vw\" \/><\/noscript><\/figure><\/div>\n\n\n\n<div style=\"height:37px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Dig into R&amp;D with Instant Downloads<\/h3>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/Pay-less-Invest-more.-2020.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Pay Less Tax, Invest More with R&amp;D Credits<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/02\/Game-changer-puts-RD-credits-within-reach.2021.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Game-changer Puts R&amp;D Credits within Reach<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">More Tax News<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/auditor-independence-in-the-age-of-private-equity\/\">Auditor Independence in the Age of Private Equity: What CFOs Need to Know<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/r-d-credits-for-software-companies\/\">R&amp;D Credits for Software Companies: Scrum Teams, Qualifiers, and Section 174 After OBBBA<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/section-174-decoupling-what-tax-pros-need-to-know-state-by-state\/\">Section 174 Decoupling: What Tax Pros Need To Know State By State<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/sean-espy-new-partner\/\">TaxOps Welcomes Sean Espy as Partner, Tax Minimization<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/state-nexus-demystified-navigating-tax-compliance-after-wayfair-episode-1-2\/\">Your Tax Footprint Is Probably Bigger Than You Think: What Finance Leaders Need to Know About State Nexus<\/a><\/li>\n<\/ul>\n\n\n<div style=\"height:59px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/taxops.com\/contact\/#subscribe\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe to Tax News<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Any company that develops new or improved products, processes, or software\u2014in some cases, whether profitable or not\u2014may qualify for these lucrative credits. Wondering if you are eligible to take advantage of lucrative research credits that could cut your federal and state tax liability?&nbsp;Find out here! When it comes to research and development tax credits, certain [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":8732,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"<!-- wp:spacer {\"height\":27} -->\r\n<div class=\"wp-block-spacer\" style=\"height: 27px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n<!-- \/wp:spacer --><!-- wp:paragraph -->\r\n<p><em>Any company that develops new or improved products, processes, or software\u2014in some cases, whether profitable or not\u2014may qualify for these lucrative credits.<\/em> <em>Wondering if you are eligible to take advantage of lucrative research credits that could cut your federal and state tax liability?\u00a0Find out here!<\/em><\/p>\r\n<!-- \/wp:paragraph --><!-- wp:paragraph -->\r\n<p>When it comes to research and development tax credits, certain costs related to wages, supplies and contract research are eligible. Often, though, taxpayers \u2014 and more specifically, the engineers doing the work \u2014 overlook various processes and routine work that can be tapped for extra tax savings.<\/p>\r\n<!-- \/wp:paragraph --><!-- wp:paragraph -->\r\n<p>R&amp;D credits aren\u2019t limited to what\u2019s never been done before. Yet, each year, corporations and pass-throughs across industries fail to claim R&amp;D tax credits because they aren\u2019t aware of how few eligible employees are necessary to claim the credits or the many day-to-day activities that qualify for dollar-for-dollar reductions in income tax liability.<\/p>\r\n<!-- \/wp:paragraph --><!-- wp:paragraph -->\r\n<p>Check the chart below to determine whether you are eligible for R&amp;D credits. TaxOps Minimization puts R&amp;D credits within reach.<\/p>\r\n<!-- \/wp:paragraph --><!-- wp:spacer {\"height\":40} -->\r\n<div class=\"wp-block-spacer\" style=\"height: 40px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n<!-- \/wp:spacer --><!-- wp:buttons -->\r\n<div class=\"wp-block-buttons\"><!-- wp:button -->\r\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/taxops.com\/contact\/\" target=\"_blank\" rel=\"noreferrer noopener\">Qualified? Contact Us<\/a><\/div>\r\n<!-- \/wp:button --><\/div>\r\n<!-- \/wp:buttons --><!-- wp:spacer {\"height\":40} -->\r\n<div class=\"wp-block-spacer\" style=\"height: 40px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n<!-- \/wp:spacer --><!-- wp:image {\"align\":\"center\",\"id\":8679,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter size-full\"><img class=\"wp-image-8679\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/TaxOps-Min-RD-Eligibility-3.png\" alt=\"\" \/><\/figure>\r\n<\/div>\r\n<!-- \/wp:image --><!-- wp:spacer {\"height\":37} -->\r\n<div class=\"wp-block-spacer\" style=\"height: 37px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n<!-- \/wp:spacer --><!-- wp:heading {\"level\":3} -->\r\n<h3>Dig into R&amp;D with Instant Downloads<\/h3>\r\n<!-- \/wp:heading --><!-- wp:spacer {\"height\":60} -->\r\n<div class=\"wp-block-spacer\" style=\"height: 60px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n<!-- \/wp:spacer --><!-- wp:buttons -->\r\n<div class=\"wp-block-buttons\"><!-- wp:button -->\r\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/Pay-less-Invest-more.-2020.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Pay Less Tax, Invest More with R&amp;D Credits<\/strong><\/a><\/div>\r\n<!-- \/wp:button --><\/div>\r\n<!-- \/wp:buttons --><!-- wp:buttons -->\r\n<div class=\"wp-block-buttons\"><!-- wp:button -->\r\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/02\/Game-changer-puts-RD-credits-within-reach.2021.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Game-changer Puts R&amp;D Credits within Reach<\/strong><\/a><\/div>\r\n<!-- \/wp:button --><\/div>\r\n<!-- \/wp:buttons --><!-- wp:spacer {\"height\":60} -->\r\n<div class=\"wp-block-spacer\" style=\"height: 60px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n<!-- \/wp:spacer --><!-- wp:heading {\"level\":3} -->\r\n<h3>More Tax News<\/h3>\r\n<!-- \/wp:heading --><!-- wp:latest-posts \/--><!-- wp:spacer {\"height\":59} -->\r\n<div class=\"wp-block-spacer\" style=\"height: 59px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n<!-- \/wp:spacer --><!-- wp:buttons -->\r\n<div class=\"wp-block-buttons\"><!-- wp:button -->\r\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/taxops.com\/contact\/#subscribe\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe to Tax News<\/a><\/div>\r\n<!-- \/wp:button --><\/div>\r\n<!-- \/wp:buttons -->","_et_gb_content_width":"","spt_transcript":"","footnotes":""},"categories":[382,78,226],"tags":[388,133,778,126,449,777,780,562,779,350],"class_list":["post-8582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-tax-min","category-tax-savings","category-tax-news","tag-accounting-professionals","tag-accounting-today","tag-capitalization","tag-cpa","tag-engineers","tag-rd-credits","tag-research-costs","tag-research-credits","tag-research-expense","tag-taxops-minimization"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/RD-flowchart-LinkedIn.png","_links":{"self":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/8582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/comments?post=8582"}],"version-history":[{"count":11,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/8582\/revisions"}],"predecessor-version":[{"id":8733,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/8582\/revisions\/8733"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media\/8732"}],"wp:attachment":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media?parent=8582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/categories?post=8582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/tags?post=8582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}