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Qualifying Activities

The Federal Government and many states provide companies of all sizes R&D tax credit incentives to reduce their tax bills. While many companies qualify for these credits, a large number mistakenly believe they do not qualify, or think the cost of an R&D tax credit program is too expensive.

Qualifying Industries

Today, the widening definition of R&D includes a larger number of technology-based developments and improvements to a company’s products and processes. This means more R&D credits are available, at a lower cost per credit, to companies that have cutting edge R&D tax credit programs.

Monetek offers companies of all sizes a unique mix of expertise to find and document more R&D.

The Monetek team includes experts in taxation, mechanical, chemical and electrical engineering, software design and intellectual property.

The Monetek team has identified and documented more than three hundred million dollars of qualified R&D expenditures for companies with annual revenue in excess of $1 billion and also for firms with less than $5 million in annual revenue.

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Million Dollars Identified & Documented R&D Expenditures

To support our clients’ R&D tax credit claims, Monetek establishes a detailed technology-based record of the qualifying R&D expenditures.

Clients also find that this can be used to establish a detailed record which can be evaluated by their intellectual property counsel.

Request a Free Consultation

Does your company innovate to improve its processes or its products? Most likely, you are already making investments in time and money that qualify for credits. Why not claim them? Businesses large and small can qualify for the credit. Whether you design, manufacture, or sell, an initial assessment can help determine if you qualify and what your savings may be. There is no cost for an initial consultation, so contact us today!