Industries Served

Cosmetics and Skincare

The Cosmetic and Skincare industry is highly competitive and as such companies in this marketplace are constantly engaged in efforts to improve their competitive position. In particular, cosmetics manufacturers continually engage in the development of advanced chemical compounds as well as robust product package systems that are both attractive and suitable for high-speed auto-filling processes. The chemists and the engineers in this industry are continuously involved in research and development to devise products and production processes that satisfy their company’s demanding requirements. Examples of Cosmetic and Skincare development activities that present R&D tax credit opportunities include:
  • Develop new or improved chemical product formulations
  • Develop and test new or improved packaging and packaging equipment
  • Generate prototypes and samples of new products for testing and validation
  • Develop new or improved distribution methods
Businesses in the Cosmetic and Skincare 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 : Cosmetics and Skincare
  • Annual Revenue: $25-$50 Million
  • Employees: 200-250

R&D Tax Credits

  • Federal R&D Tax Credit: $231,782
  • State R&D Tax Credit: $46,315

How Can Intrepid Advisors Help?

Intrepid Advisors has an experienced and practical approach for guiding our clients in the Cosmetics and Skincare 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.