Industries most impacted by the R&D Credits

• Engineering/Architectural firms
• Contract manufacturing
• Agriculture/Wineries/Mineral Extractions
• Food Processing/manufacturing
• Pharmaceuticals and Vitamin manufacturers
• Software/hardware development
• Defense contractors
• Medical manufacturing
• High and Low Tech manufacturing

Encore Tax Consultants performs the R&D Credit Study by phases:

Phase I

• During Phase One we scope the type of qualified R&D activities by year we perform a technical write up on the qualifying activities and interview all related employees and outside consultants involved with the R&D activities.

Phase II

• Accumulated all expenses related to wages, outside contractors and supplies consumed in the R&D Process
• Evaluate all limitation related to the calculations:
• Base Year limitation
• Attribution Rules
• Alternative Minimum Tax
• Source Income 
• Review Utilization of the Credit 

Phase III

• Summarize all qualified projects and expenses
• Generate report that quantifies R&D methodologies applied
• Provide in report the qualified expenses and R&D credit calculation and utilization
• Present report and findings to upper management

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