Research & Development
tax credit studies

Are you eligible for
R&D tax credits?

If you are deducting R&D costs, you may be eligible for tax credits as well

Most companies engaged in research and development (also called research and experimentation) already claim tax deductions for their costs. For qualifying R&D expenses, however, those same expenses can also generate tax credits as well – a double benefit from the same expenses.

See how our R&D tax credit studies could help your organization.
Contact us to learn more.

Research & Development (R&D) tax credit studies

Consider who benefits

Manufacturing and technology companies of all types are often eligible

Companies engaged in:

  • Product and process research, development, design, engineering or testing in technological areas using principles of physical, biological, chemical, engineering or computer sciences in which the development or outcome is uncertain
  • New or improved products or process developments
Consider the benefits

Increase cash flow due to lower taxes based on tax credits for qualifying R&D costs in addition to existing tax deductions

Establish systems to capture R&D costs for tax credits in future years

Potential for amending prior three years' open returns for additional tax credits if qualifying expenses found

How AGH's R&D tax credit studies can help your organization

In an R&D tax credit study, a tax professional identifies expenses that qualify for both the federal and state R&D tax credit. These may include both materials used in R&D and qualified wages for personnel engaged in research and often certain outside consultants. If significant tax credits are identified, the organization may choose to file amended tax returns to capture any open years' tax credits. Our tax professionals can also assist with any amended returns required.

See if your organization is eligible for R&D tax credits. Click to get started.

Bruce Stubbs, JD, LLM

Senior Vice President
AGH Specialized Tax Solutions, LLC

Bruce Stubbs has more than 20 years of legal and tax consulting experience. His past 18 years have been devoted to research & development (R&D) tax credit services, cost segregation, and fixed asset tax issues, including the repair versus capitalization issues — also known as the repair regulations. He has more than 18 years of experience in public accounting providing tax consulting services to clients across all industries, including retail, hospitality and health care entities ranging from assisted living to full-service hospitals. Bruce’s practice also covers manufacturing applications including aircraft and aircraft components, plastics, electronics, custom job shops, industrial and commercial, and computer software development.

Bruce’s undergraduate degree is in accounting. He also earned his juris doctorate (JD) from Washburn University School of Law and his master of laws in taxation (LLM) from the University of Denver School of Law. Bruce is a frequent speaker for CPA and business groups about specialized tax topics such as research and development tax credits, cost segregation and the expensing versus capitalization regulations.