The R&D Tax Credit is one of the most valuable and most underutilized credits in the tax code. Most businesses doing qualifying work have no idea they're eligible.
The Research & Development Tax Credit (Section 41) provides a dollar-for-dollar reduction in federal income tax — not just a deduction — for businesses engaged in qualifying research activities. This includes developing new products, improving existing processes, writing custom software, and conducting technical experimentation. Many industries that don't think of themselves as doing 'research' — construction, manufacturing, food processing, and professional services — qualify. Innovate Real Estate's R&D Credit studies are built to withstand IRS scrutiny.
Our process is thorough, IRS-compliant, and built around your schedule.
We evaluate your activities against the four-part IRS test: technological in nature, elimination of uncertainty, process of experimentation, permitted purpose.
We identify wages, supplies, and contract research costs that qualify as QREs, often uncovering expenses companies never thought to include.
We calculate your credit under both the regular credit method and the alternative simplified credit (ASC) to maximize your benefit.
We prepare a comprehensive contemporaneous documentation package that satisfies IRS audit requirements.
What you gain by working with Innovate Real Estate on r&d tax credits.
Unlike deductions, credits reduce your tax bill directly — $1 of credit = $1 less in taxes owed.
Unused credits carry forward up to 20 years — nothing is wasted.
Startups with no income tax liability can apply the credit against payroll taxes (up to $500K/year).
Most states offer their own R&D credit — we capture both federal and state credits simultaneously.
Credits can be claimed retroactively for open tax years (typically 3 years) via amended returns.
Claiming the credit doesn't change how you run your business — it rewards what you're already doing.
Submit your property details and we'll prepare a free estimate of your potential tax savings — no obligation.
Request Free ProposalProbably. The R&D credit is industry-neutral. If your team is solving technical problems, testing new approaches, or developing proprietary processes, you likely qualify.
Activities must be: (1) technological in nature, (2) intended to eliminate uncertainty, (3) involve a process of experimentation, and (4) related to a permitted purpose (new/improved functionality, performance, reliability, or quality).
Generally 3 years for amended returns — but open years vary by situation. We assess your specific history.
Project records, time logs, payroll records, supply receipts, and technical documentation. We provide a protocol for maintaining this going forward.
Let our team analyze your property and show you exactly how much you could be saving.