R&D Credit Consulting
Finding ways to reduce costs and expenses while driving sales, profitability and growth is essential to success in business. Companies in Miami and across Florida navigate the success formula differently by adjusting operations, production, vendor contracts, and pricing strategies. Others focus on product variation, new product development, relationship management, and marketing programs. While useful, many are surprised to learn about the saving potential available through federal tax incentives including the Research & Development (R&D) tax credit. The credit is designed to incentivize innovation projects and provide a financial incentive to undertake such efforts. It features dollar-for-dollar savings against current-year taxes and has both a carryforward and carryback feature. Despite its amazing potential, many businesses do not attempt to claim the credit because of various misconceptions about who can apply, qualifying activities, and restrictions.
Florida R&D Credit Experience
JLK Rosenberger is a CPA firm that provides R&D tax credit study and consulting services to companies in Miami and across Florida. We work with companies in several industries including agriculture, architecture, chemical, engineering, construction, electrical/mechanical contracting, life sciences, medical device, and technology. In many cases companies outside these industries also qualify for the credit as well, but it depends on the circumstances of the project.
Our team has years of experience identifying qualifying activities, reviewing expenses, and determining project eligibility. We turnkey the entire process from initial documentation to preparing the IRS submission to claim the credit. This includes an organizational review, background research, compilation of key reports and supporting documents, related interviews, and documentation preparation. From start to finish, our team stands ready to help you claim this significant tax-saving opportunity.
R&D Tax Credit Myths
Map of Miami (FL)
About Miami (FL)
One of the key strengths of the Miami business community is its strong focus on international trade and commerce. The city serves as a major hub for import-export activities, with a large number of multinational companies and trade organizations operating in Miami. The city’s strategic location at the crossroads of North America, Latin America, and the Caribbean makes it an ideal gateway for business transactions and a bridge between different markets.
Miami is also a significant center for finance and banking. The city is home to numerous banks, investment firms, and wealth management companies. The financial industry in Miami supports local businesses and international transactions, particularly in sectors such as trade finance, private banking, and wealth management.
Contact Our Miami R&D Credit Consultants
JLK Rosenberger provides R&D credit studies and consulting services to companies in Miami and across Florida. Complete the form below and a member of our team will follow up with you shortly.