Leading tax consultancy firm, Source Advisors, renowned for its 38-year expertise in providing comprehensive tax solutions, including R&D Tax Credits, Cost Segregation, §179D, §45L, ERC, and LIFO inventory strategies, has introduced GOAT.tax. This revolutionary automated Software-as-a-Service (SaaS) platform streamlines the process of claiming research and development tax credits, catering to a diverse range of industries.

Designed with simplicity in mind, GOAT.tax boasts a team of over 50 specialized R&D tax credit professionals, simplifying the intricate tax incentive landscape. Its user-friendly interface, combined with seamless integration into payroll systems, ensures a hassle-free experience. The proprietary SmartCreditEngine dynamically computes intricate figures, guaranteeing that every eligible business extracts the maximum possible tax benefit.

Chris Henderson, President of Source Advisors, expressed excitement about this development. "The launch of GOAT. tax signifies a remarkable opportunity for startups and small enterprises to tap into the potential of R&D tax credits. By accommodating industries with more limited research expenditures, GOAT.tax complements our existing Source Advisors R&D tax credit practice, tailored for larger clients seeking a consultative approach," Henderson stated.

The platform enables previously overlooked businesses to explore R&D tax credit eligibility, supporting growth and innovation. It aligns with Source Advisors' dedication to offering top-tier services while broadening its market reach.

To access further information about GOAT.tax, visit the official website: www.goat.tax, or get in touch via email: info@goat.tax.

About Source Advisors:

With a legacy spanning over four decades, Source Advisors is a cornerstone for CPA firms and clients in optimizing federal and state tax incentives. Headquartered in Fort Worth, TX, the firm collaborates with accounting entities across the nation to facilitate solutions in R&D Tax Credits, Cost Segregation, LIFO, §179D, and §45L. Boasting a global team exceeding 250 professionals, Source Advisors serves illustrious accounting firms, associations, and Fortune 1000 corporations, delivering exceptional outcomes. Supported by Boston's BV Investment Partners since 2022, the company's reputation resonates for consistently achieving remarkable results. For more information, visit: sourceadvisors.com.

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Which Industries Qualify?

The R&D tax credit can be applied to a wide variety of industries, including (but not limited to):

Aerospace

Tool & Die

Metal Fabrication

Plastics & Injection Molding

Consumer Products

Manufacturing

Architecture & Engineering

Food & Beverage

Financial Services

Mortgage & Banking

Software Development

Chemical

Contract Manufacturing

Construction / MEP

Pharma

Oil & Gas

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Deb Roth
on
August 14, 2023

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on
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Navigating the world of R&D Tax Credits often prompts the question: Can these credits be converted into cash refunds? It's a query frequently posed by businesses seeking to maximize their returns on research and development investments. While R&D Tax Credits themselves aren't inherently refundable, they can still yield a financial windfall in the form of cash benefits.

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