R&D Tax Credit for Agriculture

Many companies in the Agriculture industry aim to discover new methods and materials to increase crop yield and flavor, prevent infestation, delay putrefaction and improve soil quality. These companies rely on the principles of agricultural science such as soil science and preparation, irrigation, fertilization, pest control, and other related disciplines to produce high quality products. Additionally, these companies often endeavor to develop various types of equipment to support their experimental processes and efforts. Examples of Agriculture activities that present R&D tax credit opportunities include:

  • Experimentation with new chemical and organic fertilizers
  • Development and implementation of new methods and materials to limit crop infestation and disease
  • Evaluation and implementation of new techniques to increase crop yields
  • Development of new or improved equipment and processes for use in planting, fertilizing, delivering insecticides and fungicides, harvesting and cleaning crops

Businesses in the Agriculture industry are likely candidates to receive cash benefits from an R&D tax credit study. Intrepid Advisors' experts can deliver maximum benefits for each tax year.

Company Profile

Annual Revenue:
$10 - $25 Million

Employees:
25 - 50

R&D Tax Credits

Federal R&D Tax Credit:
$101,233

State R&D Tax Credit:
$13,282

R&D Tax Credit for Agriculture

Learn More About R&D Tax Credits