Small businesses leave thousands on the table every year. Not because they don’t qualify for the R&D tax credit, but because they believe myths that are simply not true. Here are the most common R&D tax credit myths that cost small businesses money. Myth 1: Only Tech Companies Qualify The…
Small businesses leave money on the table every year. Not because they don’t need it, but because they don’t know which tax credits exist. Here is a complete list of small business tax credits available for 2026. 1. R&D Tax Credit What it does: Offsets income tax liability for qualified research…
The federal R&D credit is valuable, but state R&D credits can add another 3% to 15% on top — sometimes in cash. Here is where state R&D credits are most valuable right now. Texas: New Leader in 2026 Texas overhauled its R&D credit effective January 1, 2026. New rates: Standard…
Claiming R&D credits for startups can offset up to $500,000 per year against employer FICA taxes (Social Security and Medicare) rather than income tax. That is real cash back, not a deferred tax asset. This can add significant runway to any innovation-focused startup. R&D Credits for Startups: Who Qualifies as…
When most people hear “R&D tax credit” they think of software engineers and tech startups, but that’s not the full picture. The R&D tax credit is available to any company that develops new or improved products, processes, or formulas. That includes industries you might not expect. Here are 5 industries…
Big News for Innovative Businesses If your business has been waiting on R&D tax credit retroactive claims due to recent amortization rules, we have excellent news: The Research and Development (R&D) Tax Credit is back, and stronger than ever. In what may be the most significant tax opportunity for innovative…
Many of the activities related to the agriculture and farming industry qualify for the Research and Development Tax Credit. Yet, business owners are unaware of this strategic financial planning tool given that, historically, the credit has been claimed mostly by manufacturing, pharmaceutical, and software companies. Agricultural and farming companies continuously…
Grappling with the Most Difficult Research and Development Tax Credit Issues (Part 2) In our last post, we discussed some of the issues regarding the Research and Development Tax Credit that Indago became aware of while at the 2017 Tax Credit Symposium. Some other research credit issues that were discussed…
Grappling with the Most Difficult Research and Development Tax Credit Issues (Part 1) Attending the 2017 Research and Development Tax Credit Symposium in Washington D.C. gave some of Indago’s Tax Credit Practitioners the chance to discuss unique issues with other experts in the field. Some of the new or unsettled…
Using Documentation Methodologies to Optimize your Research and Development Tax Credit A large part of Indago’s job is assessing each client’s unique situation and determining the appropriate methodology to document their development process at the outset of a project. There are a few ways in which the process of identifying the…