Choosing the Right R&D Tax Credit Provider

R&D Tax Credit

innovation

By
Deborah Roth, CPA
on
July 25, 2023

When it comes to choosing an R&D tax credit provider, the consultative approach makes all the difference. At GOAT.tax, we pride ourselves on investing time in comprehending our clients' histories, present business directions, and future growth goals. Our team of dedicated professionals, including CPAs, engineers, and attorneys, collectively boasts 305 years of R&D tax credit experience. We go beyond just the annual evaluation of a company's eligibility for the credit; we also offer ongoing recommendations to enhance the R&D tax credit process.

If you're in the process of evaluating R&D tax credit providers, consider the following top 10 questions to help you make an informed decision:

  • How long has your firm been performing R&D tax credit studies, and how many studies have they completed?
  • Does your firm employ degreed or professional engineers and attorneys with specific R&D tax credit experience?
  • Does your firm perform R&D studies in the USA, or do they subcontract to a third party or overseas?
  • How does your provider assess their fee? Is it fixed based on project scope or a percentage of the variable benefit?
  • Will your firm defend its work in the event of an audit, and is this defense included in the fee?
  • Does your firm offer a no-cost feasibility analysis conducted by a senior R&D technical professional?
  • Does your firm provide a consistent team year over year, ensuring familiarity with your business and an efficient R&D tax credit study process?
  • Does your firm recognize and offer other tax incentive strategies that could potentially offer additional savings?

Always ask for references and make sure to follow up with them to gauge the provider's reputation and client satisfaction.

At GOAT.tax, our industry-leading R&D tax credit team has earned the trust of business owners and tax professionals nationwide. Contact a GOAT.tax representative today to discover why our services are relied upon for R&D tax credit needs.

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