Audit Advisory Services
The IRS made R&D tax credits a tier 1 issue back in 2007, since then companies have increasingly been subjected to audits intended to ensure that claims which have been made are valid. These audits are time consuming and difficult to navigate without the expertise and understanding needed to complete them efficiently.
Cutting through Bureaucracy
The biggest issue with R&D tax audits is understanding the documentation and level of information which needs to be provided to meet with the IRS definitions and regulations. Because the onus is on the company to provide a substantial amount of evidence, it is a burdensome process which many companies find difficult, and as a result, valuable tax credits are lost.
Having the knowledge and expertise to defend these audits in a professional and efficient manner is vital and is something that the team at Texas R&D Tax Credit Solutions has an impressive record in.
The key to being able to successfully defend R&D tax credit audits is being able to provide the IRS with exactly what they want. Texas R&D Tax Credit Solutions is able to guide and advise companies as to the best processes to ensure the information and documentation which will be required on an ongoing basis is available.
This in turn makes defending any future audits relatively quick and easy, ensuring that tax credits are not lost through inadequate record keeping or lack of data. This guidance is provided by a team utilizing all of the experience and expertise that has been gathered over years of working in this specialist area.
Technical and Legal support:
Texas R&D Tax Credit Solutions offers support and guidance in the event that there are future issues with any R&D tax credit claims and audits. Our qualified tax advisers and legal staff can take the pressure away from appeal processes and ensure that all the requisite evidence is available to the IRS on request.
The last thing that any company wants is to lose its valuable tax credits. Texas R&D Tax Credit Solutions is renowned for defending audits successfully. This takes the pressure away, allowing the company to concentrate on its business priorities.
If you wish to discuss your audit defense needs, please complete our Contact Form. One of our team will be happy to speak to you and ensure that your R&D tax credits are safe.