Research and Development Case Study
You’re as Innovative as Your Next New Bike
Background
This inspired client has gained a cult-like status for redefining the American motorcycle.
While highly respected, the company is still relatively small, requiring significant design, engineering and manufacturing resources.
As a growing business, ongoing production commitments continually place pressure on cash flow, not to mention the time and expertise required to pursue valuable Research and Development Tax Credits.
Solution
Without any cash outlay, Tax Credit Co. dove right into the details of the custom chopper business. Using a team of R&D experienced analysts, statistical specialists, and tax counsel, Tax Credit Co. worked alongside design, engineering, production and financial management, to detail every facet of the product development process.
Tax Credit Co. quality control analysts then meticulously assembled an “audit ready” documentation package that financial management could use with confidence for any audit challenge.
Results
Enough tax credits were qualified to cut federal and state taxes by 70%, enough to fund multiple new lines of groundbreaking limited production models.
