Manufacturing.net - Taking Your R&D Claim In-House

Heather Saarela wrote an article for Manufacturing.Net on taking your R&D claim In-House.

Is your manufacturing company preparing your R&D Tax Credit (RTC) claim internally or hoping to do so in the near future?

Companies of all sizes are being faced with tough decisions in regard to tax breaks and tax planning. With budget cuts and company wide layoffs, completing an in-depth R&D tax credit claim with an outside firm may no longer be an option.

The trend now is for manufacturing companies to take their entire RTC claim preparation in-house. While this might be an economically sound decision at the moment, a later IRS audit may make them wish they had sought outside help.