Industries Served

Medical Devices

Companies that manufacture Medical Devices are strong candidates for government incentives such as the R&D Tax Credit. Companies in this industry, like commercial equipment and machinery producers, expend significant resources on research and development aimed at devising new and advanced test and treatment systems for the healthcare community. Examples of Medical Device development activities that present R&D tax credit opportunities include:
  • Designing and developing a prototype device for gathering a specific body fluid
  • Developing a high-volume packaging process for use with a sterilized medical product
  • Developing microprocessor software code for the operation of a new infant heart-rate monitor
  • Designing and developing a storage case for use in sterilizing and storing a set of surgical tools
Businesses in the Medical Device 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 : Medical Devices
  • Annual Revenue: $10-$25 Million
  • Employees: 75-100

R&D Tax Credits

  • Federal R&D Tax Credit: $84,479
  • State R&D Tax Credit: $42,971

How Can Intrepid Advisors Help?

Intrepid Advisors has an experienced and practical approach for guiding our clients in the Medical Devices 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.