How It Works.
We’ll help you figure out exactly what you need to do.
Dedicated Focus, Proven Methodology
There are no guarantees when it comes to research. However, when you partner with Acquire Tax Credits, you will benefit from our team’s dedicated focus and proven methodology. We do more than help capture research credit, we make life easier by helping you determine tax credit eligibility.
The R&D Study
Stage 1: Orientation & Feasibility
In order to help you get cash in your pocket, we have to get to know you and your business or healthcare practice. Although the process of evaluating research and development tax credit eligibility can be complicated, we will guide you step by step through the whole process. Our clients are like our family, and we want to see you grow and succeed.
Stage 1 is about practicality and feasibility. We will interview you and the key members of your business or practice to identify projects, departments, processes, technologies, department leaders, and project managers where potential qualifying research expenditures may be found.
To defend our study, we will work with you, your key personnel, and your accounting team to collect supporting documentation which substantiates the qualified research expenditures. Using the information gathered, we determine the potential tax savings and future benefits of an R&D study.
Each study requires a unique approach, which is one of our core values. Stage 1 allows us to truly understand your business or practice so that we can tailor the study around your unique circumstances and what you do to better your business.
Stage 2: Discovery & Compilation
Just like the body of an essay should explain, prove, and support a paper’s argumentative claim or thesis statement, an R&D study should research, explain, and defend the discoveries of Stage 1 of our process.
Many companies are not aware that they are conducting activities that qualify them for federal and state R&D tax credits. During the discovery process, we interview additional company personnel, analyze contemporaneous documentation, link personnel and projects to finalize the quantitative R&D tax credit calculation, and gather the documentation needed to complete the study.
Stage 3: Collaboration & Delivery
An important ally throughout the R&D tax credit process is your trusted accounting team, CPA, or bookkeeper. We develop a relationship with your accounting team, which helps accommodate the discovery process and simplify the delivery and filing of your tax forms.
The credit is reported on IRS Form 6765 and is included with the tax return. After the quantitative and qualitative components of Step 2, we work with our accounting team to prepare the tax forms your accounting team will need to include with your return. We provide you and your accountant with everything you need so that your experience can be stress-free.
R&D tax credits can also be retroactive. Depending on when your tax return was filed, you may be able to claim R&D credits for three prior open tax years. In these cases, we work with you to file your amended return.
The final step is the delivery of a written R&D study, which is meant to serve as support for your tax filing and is designed and organized to provide a clear and concise picture of your eligibility in the event it is needed for an audit.
Want a Quote?
Fill out this form to find out how much tax credit you qualify for. We strive to make your life easier by helping you determine exactly how much that will be.