Local St.Pete Firm, RecoupeTax, works with Innovative Companies in accessing millions in tax credits from the government
RecoupeTax has been educating Florida-based companies in the industries of Tech, Software, Medical Devices, Manufacturing, Pharmaceuticals and even Breweries about the Innovation Tax Credit. As a business owner, you’re able to go back up to three years the first time you apply for R&D tax credit, creating a one time cash flow windfall as the government returns some of your previously paid taxes to you and rewards you for innovating. Additionally, you are able to apply for the credit every year going forward. Between revenue growth and creating better systems to track R&D work more accurately, usually you’ll be able to increase the amount of year R&D tax credits year after year.
If your company creates a new product or service or even improves an existing product or service you may be eligible. Over $18 billion in R&D tax credits were given out in a single year! The process is simple: We provide our clients with complimentary consulting to review your systems, contracts and processes to ensure you are maximizing your R&D tax credits. You can rest assured, we will never claim a credit we cannot 100% substantiate. The best part is, it’s free to schedule a 15 minute discovery call to discovery what your estimate could potentially equate to. If we can’t get you a tax credit, nothing is lost.