Since 1985, ABGi has provided our clients with the highest level of service for the Research and Development Tax Credit. Our “Business Component Approach” to working on the R&D tax credit produces a thorough analysis of qualified business activities and provides our clients with superior documentation.
ABGi USA has over 30 years of experience working with American businesses to reduce their tax liability by maximizing tax incentives, like the R&D tax credit, that stimulate business growth, innovation, and advancement.
The Research & Development tax credit was created in 1981 as part of the economic Recovery Act, designed to fuel American Business and innovation. The R & D tax credit can result in a dollar-for-dollar reduction in a company’s Federal Income tax liability. This general business tax credit is under the IRS Code Section 41, “Credit for Increasing Research Activities.”
Here are some other fast facts regarding the R & D Tax Credit: