The R&D Tax Credit is the biggest tax credit available to U.S. businesses, yet also one of the most underutilized.
Download R&D Tax Credits in the Renewables Industry Now
Does your business operate in the Renewable Energy sector?
Given complicated regulations, it comes as no surprise that many renewable energy companies are not yet claiming the credit. However, if your business like many others in the space is spending a large amount of time and money on the development of new products and/or processes, it’s likely you’re performing qualified R&D activities and thus are leaving money on the table by not applying for the credit.
What counts as R&D?
If your business is involved with any of the following areas and you are not already claiming R&D tax relief, then it’s likely that you could be.
Projects that may qualify for R&D tax relief include:
- Reducing costs associated with storing energy
- Storing more energy more efficiently
- Developing new materials or designs for increased energy efficiency
- And many more…
Our specialists can help you make a successful claim
Ayming USA has the expertise to review the time tracking, contractual agreements, and other industry-specific documentation to deliver accurate results.
Our industry-specific consultants have hands-on experience and knowledge of the Renewables sector. We always take the time to truly understand how your company innovates so that we can expertly identify all qualifying expenditures to help you make a successful claim for R&D tax credits.
Download your free factsheet
We’ve put together a handy, streamlined summary of research and development in the Renewables industry. Simply fill in your details to download your free factsheet and learn more about building your business with R&D tax incentives.