The research and development (R&D) tax credit has been part of the US tax law since 1981. Recent changes in the regulations allow for a broader range of companies to benefit from the credit.

As the pace of your business accelerates and competition increases, you may be more likely to overlook this source of cash because you lack the time, resources, or expertise needed to identify and manage R&D tax credit claims.

Doeren Mayhew’s Special Projects Group uses the most efficient and effective means to help you obtain the most from the available R&D tax incentives so you can get the credit you deserve.

What Qualifies as R&D?

The R&D credit is generally allowed for expenditures paid or incurred for qualified research. The research must be undertaken for discovering information that is technological in nature, and its application must be intended for use in developing a new product and/or process or improvement to an existing product and/or process. The research must include a process of experimentation with a view to improve function, performance, reliability, quality, or significantly reduce cost.

Michigan R&D Facts

• Michigan ranks second in the nation in R&D spending
• More than one-third of Michigan's R&D facilities are located in Oakland County
• Michigan companies file over 3,000 patents a year, placing Michigan in the top 10 states for total number of patents granted

Qualifying R&D Activities

R&D Tax Credit Computation

Get the Credit You Deserve