Industry: CPA & Accounting Firms
Firm Size: Mid-Sized CPA Firm (35 Employees)
Client Base: Small & Mid-Sized Businesses
R&D Tax Credit Claims Secured: $2,500,000+ Across Multiple Clients
Challenge in Food Production
A regional CPA firm specializing in tax and advisory services wanted to offer R&D tax credit services to their clients but lacked the in-house expertise to handle the technical requirements. Their clients—ranging from manufacturers and software developers to medical device companies—were missing out on valuable tax savings.
Without a R&D tax credit specialist, the firm faced:
- Concerns about compliance risk when dealing with complex tax credit claims.
- A lack of technical knowledge on IRS guidelines for R&D qualification.
- Time constraints preventing staff from conducting in-depth credit studies.
Our Approach
- Industry-Specific Expertise: Our team identified qualifying R&D activities across multiple industries, ensuring maximum tax credit eligibility for their clients.
- Comprehensive Documentation: We provided IRS-compliant reports, supporting documentation, and audit defense strategies to ensure compliance and peace of mind.
- Client Retention & Revenue Growth: The firm was able to increase client retention, attract new business, and generate additional revenue through profit-sharing opportunities.
- Ongoing Support & Collaboration: We collaborate and provide full support to both tax preparation teams and client accounting teams.
Outcome
- Secured $2,500,000+ in R&D tax credits across multiple clients, significantly reducing their tax liabilities.
- Allowed the CPA firm to differentiate its service offerings, increasing client satisfaction.
- Freed up valuable time for the firm’s team, eliminating the burden of establishing in-house R&D credit technical expertise.
- Established an ongoing partnership, ensuring continuous R&D credit opportunities for the firm’s clients.
Unlock Your R&D Tax Credits Today
At Credits Granted, we help food production and processing businesses maximize their R&D tax savings with full IRS compliance.
Want to see if your company qualifies? Schedule a Free Consultation today.
