Industries Served

Chemical Engineering

Chemical companies rely on the principles of chemistry, chemical engineering, and high-volume manufacturing. The technological information discovered by a chemical company in the course of analytical and experimental research and development activities is typically used in establishing or enhancing the performance, quality and reliability of chemical formulations that are used in various applications. In addition, chemical engineering companies expend considerable resources developing blending, synthesis, and packaging processes for their products. Examples of Chemical Engineering activities that present R&D tax credit opportunities include:
  • Developing specialty chemicals for industrial and consumer applications
  • Developing water-based chemicals to replace solvent-based chemical systems
  • Developing new or improved systems for use in oil recovery and cleanup projects
  • Developing new or improved systems and techniques for improving safety during chemical production, handling and transportation
Businesses in the Chemical 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

  • Industry : Chemical Engineering
  • Annual Revenue: $75-$100 Million
  • Employees: 50-75

R&D Tax Credits

  • Federal R&D Tax Credit: $124,990
  • State R&D Tax Credit: $34,997

How Can Intrepid Advisors Help?

Intrepid Advisors has an experienced and practical approach for guiding our clients in the Chemical Engineering industry through the R&D tax credit process. Our team of specialized professionals go above and beyond to provide the peace of mind that comes with having a highly detailed study outlining all qualified research activities. We ensure each client is carefully analyzed as a candidate to receive the R&D tax credit. Intrepid Advisors’ engineering and financial teams are equipped with the educational background and knowledge to work with a multitude of industries.