One of the world’s foremost suppliers of robots for the injection molding industry, this engineering company offers a wide range of automaton technology for the plastics industry. Tax Point Advisors found 8% more tax credits than even the high end of the company’s original estimate.
Through its custom work, this manufacturing and custom job shop company builds a prototype, modifies and re-engineers as needed, then manufactures the end result. Tax Point Advisors was able to uncover 16% more R&D tax credits over the high end of the original estimate.
This world-class mechanical construction firm was able to claim credits in excess of $1 million after Tax Points Advisors determined that the company could go back to several closed years and carry forward credits without having to amend any of the closed year returns.
Tax Point Advisors determined that this leading electronics, electrical and telecommunications contractor could go back to certain closed years and carry forward R&D tax credits. This resulted in an additional $300,000 in credits above the original estimate.
This small company was able to receive a low six-figure refundable state credit for a one-year study, and Tax Point Advisors was able to find approximately 34% of additional credits above the original estimate. Because Tax Point Advisors (unlike many of their competitors) charges a fixed-fee, this increase in credit return posed no additional cost to the client.
The software created and designed by this developer supports thousands of retailers on a daily basis. Through a tax credit study, Tax Point Advisors was able to find $566,000 in federal and state tax credits for the company.
