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Research and Development Credits
Among the many tax credits available to every manufacturer and distributor, the Research and Development credit stands out. It can be complex, and we've learned too many companies fail to take advantage of it. BlumShapiro's Manufacturing/Distribution Industry Group can help companies understand this complex credit. The very definition of the credit, and how it is calculated, has changed drastically in recent years. Our experienced Manufacturing/Distribution Industry Group understand the changes and work with clients to implement them. We have the resources to capture and identify the R&D credit for companies that strive for process improvements or innovative ways to streamline inventory and production. Our team works with forward-thinking Connecticut businesses which develop new formulas, patents, processes and techniques. At BlumShapiro, we look to help clients earn credit for what they're already doing to keep their business growing.
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