Bowers R&D Associates is a boutique consulting and advisory firm. The business provides industry-best Federal and State Research and Development (R&D) tax credit analysis and studies, without up-front or hourly fees.
Many innovative business owners want to lower their tax burden but don’t know how. If you create exciting new products, consult with the tax credit experts at Bowers R&D and get the R&D tax credits you deserve. Working with a tax credit expert can help you reduce your tax burden and keep money in your pocket. With years of experience, the team at Bowers R&D can help you get a federal and state tax credit, where applicable. This article will review the services that this high-performing business provides and how it can help your professional vision thrive.
What is Bowers R&D?
In 2016, this boutique consulting and advisory firm began helping eligible companies access federal and state R&D tax credits. The company is based in Pennsylvania but serves clients in a variety of industries on a national level. Bowers R&D is committed to getting you the credits you’ve earned. Working with this company is simple, affordable, and could provide sizable rewards. You can call 610-368-5877 to speak with a company representative about your R&D tax credit options.
What is an R&D Tax Credit?
An R&D tax credit encourages innovation and creativity. When companies invest in R&D, these activities invigorate the economy. R&D tax credits are available at the federal and, often, at the state level. The federal R&D tax credit program awards qualifying companies as much as 10% of qualified research expenditures (QREs) back in the form of a tax credit. If you live in a state that has an R&D tax credit program too, you could get an even bigger credit overall. Working with an R&D tax credit expert is the best way to maximize your tax credit’s potential.
Why Should Companies Work with a Tax Credit Expert?
Year after year, eligible applicants miss out on a financial benefit because of R&D tax credit misconceptions. The beauty of R&D tax credits for cosmetic companies and other innovative businesses is that most could qualify for both a federal and state R&D tax credit. With professional assistance, you can be sure that your federal and state applications, also known as R&D studies, have been filled out correctly. A Bowers R&D representative can also identify if your state offers its own R&D credit program. Only a few states don’t offer an R&D incentive, so many innovative businesses have opportunities to receive a large reward for their hard work.
If you’re not sure about your business’s eligibility at the federal or local level, reach out to Bowers R&D. With this team on your side, the R&D application process is run smoothly and efficiently, so you can get the most out of your credit.
The Bowers R&D Process
Transparency is key with any business relationship, so here’s a breakdown of the Bowers R&D process:
- Initial call or meeting to determine R&D eligibility
- Kick-off call with R&D expert
- Client enters info into propriety tax software
- Data is reviewed and accepted
- Client receives tax credit documentation
- Filing complete for federal and/or state tax credits
- Client utilizes R&D tax credits (as allowable) to realize benefit
As you can see, you’ll receive assistance throughout the R&D application process. Bear in mind that most R&D studies take several days to complete and state tax credit programs can have differing application deadlines. The team at Bowers R&D will keep you on track throughout the process in order to get you all the credits you’ve earned.
What do these Services Cost?
Businesses of any size can afford to work with this unique company. You’ll receive all of the above services with no money down. Payment is taken only after you have filed for your R&D credit. Without having to pay an upfront fee, this vital resource is made accessible to start-ups and established businesses alike.
Working with Bowers R&D: What You Need to Know
After signing on with Bowers R&D, you will have full access to state-of-the-art R&D credit software and R&D tax credit experts. There is no initial charge for these services. Your payment amount is determined by the size of your credit. Many business owners may be eligible for a state and federal R&D tax credit, so don’t wait to apply. Contact us at Bowers R&D today to start your R&D study.