For Massachusetts businesses in multiple industries looking to reduce tax liability.Contact Us
Find out if you qualify for the MA research credit.Contact Us
Properly claiming the R&D tax credit in Massachusetts can be difficult without the right expertise - That’s where GOAT.tax comes in. Our R&D tax credit software identifies any qualified research expenses your company paid and qualified research activities to ensure you receive the largest refund possible.
Documentation can include Massachusetts gross receipts, Federal gross receipts, invoices, and any other records showing proof of qualified research activity.
All companies in Massachusetts (regardless of industry, size, or revenue) that perform these qualified research activities must satisfy the following criteria of the IRS Four-Part Test as outlined in IRC §41(d):
In Massachusetts, a credit carryover is available for 15 years but is indefinite for tax credits capped by the 75% Excise Tax limitation.