A business that has performed “qualified research activities” in Texas may be eligible to claim the Federal or Texas R&D Tax Credit. A credit for increased research activities is allowed based on qualified expenditures made in taxable years beginning on and after January 1, 1994. It provides a credit of 10% of the excess qualified research expenses over a base amount plus 10% of the basic research payments. If the research credit cannot be used because of tax liability limitations, it may be carried forward for either 7 or 15 years.
Tax Point Advisors Leadership in Texas
Tax Point Advisors was founded in Walpole, Massachusetts, by Jeffrey Feingold who is currently a managing partner and majority shareholder. He spends most of his time between the Boston and New York offices, but he also works with CPAs and their clients in Texas. Over the past eight years, Mr. Feingold has worked with hundreds of companies across the country in assisting them to successfully claim over $100m in state and federal research and development tax credits.
Our Texas office is managed by Andrea Stone, our National Technical Director, who travels from coast to coast in support of our CPAs and their clients’ R&D tax credit claims. Andrea has worked in lead technical/project management roles in the research and development tax credit field.
Tax Point Advisors Approach
Our approach is the reason we are the nation’s foremost provider of Research and Development Tax Credit studies. We have an experienced, knowledgeable staff who stay up-to-date on tax regulations to help you claim the maximum available R&D tax credits while generating a low audit rate. We have a industry-leading audit success rating. We have never had a client’s credit denied under audit.
See If You Qualify
Receive a free, no obligation assessment with our expert staff to see if you qualify for R&D tax credits.
