What Industries Qualify?

Orthotics and Prosthetics

Is your laboratory:

  • Developing and designing new orthotics and prosthetics?
  • Testing new carbon fibers, resins, plastics, laminating sleeves, interfaces, mold releases, and other materials?
  • Experimenting with new products deriving different alternatives using modeling and simulating technology (i.e. CAD/CAM)?
  • Developing and testing new techniques for assessing molds, accommodating different suspension types, and mounting orthotic and prosthetic devices?

If so, you may qualify for the Federal Research and Development (R&D) tax credit program and receive a credit of up to 20% of the cost of your research and experimentation activities–including the cost of labor–over a calculated base amount. In addition, many states also have R&D Tax Credit programs.

Additional Qualifying Industries

  • Aerospace
  • Agriculture
  • Apparel
  • Architects
  • Automotive
  • Biotech/Life Sciences
  • Brewery
  • Coating and Adhesives
  • Chemical
  • Commercial Bakeries
  • Construction
  • Die-casting
  • Distribution
  • Electronics
  • Energy
  • Engineering
  • Equipment manufacturing
  • Fabricators
  • Flavor and Fragrance
  • Food Processors
  • Food Products
  • Furniture Makers
  • HVAC
  • Insurance
  • Jewelry Design
  • Job Shops
  • Machine/ Precision Machining
  • Manufacturing
  • Medical Devices
  • Metal Stamping
  • Microwave System
  • Mold Building/ Plastics Mold Building
  • Oil and Gas Refineries
  • Orthotics and Prosthetics
  • Package Design
  • Pharmaceuticals
  • Plastic Injection Molding
  • Research and Development Facilities
  • Software & Technology
  • Telecommunications
  • Tool and Die
  • Transportation
  • Waste Management
  • Wineries