R&D Tax Credit Studies – Pittsburgh (PA)

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 Pittsburgh and across Pennslyvania 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.

Pennslyvania R&D Credit Experience

JLK Rosenberger is a CPA firm that provides R&D tax credit study and consulting services to companies in Pittsburgh and across Pennslyvania. 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.

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About Pittsburgh

One of the key strengths of the Pittsburgh business community is its thriving technology sector. The city has emerged as a leader in fields such as robotics, artificial intelligence, autonomous vehicles, cybersecurity, and software development. The presence of renowned research institutions like Carnegie Mellon University has been instrumental in fostering collaboration between academia and industry, leading to the creation of numerous successful tech startups and attracting major technology companies to establish a presence in the region.

Pittsburgh’s healthcare industry is also prominent, with world-class medical centers and research institutions driving innovation and providing quality healthcare services. The city is known for its expertise in medical research, biotechnology, and healthcare technology, contributing to advancements in patient care and attracting investment in the sector.

Contact Our Pittsburgh R&D Credit Consultants

JLK Rosenberger provides R&D credit studies and consulting services to companies in Pittsburgh and across Pennslyvania. Complete the form below and a member of our team will follow up with you shortly.