R&D Tax Credit for Metal Fabrication

Companies in the Metal Fabrication Industry perform considerable research and developing devising processes and process systems for fabricating metal components from all types of materials. Companies in this highly-competitive industry seek innovative methods for preforming, machining and finishing metal components to the appropriate shape and dimensions. To meet their customer’s requirements, companies in this industry rely on state-of-the-art engineering practices and innovations to traditional fabrication processes. Examples of metal fabrication activities that present R&D tax credit opportunities include:

  • Developing modifications for an existing laser-cutting system that would permit the equipment to form intricate steel components more rapidly than previously possible
  • Designing, developing and testing special-purpose progressive-die cut tooling for forming steel components that could previously only be produced from investment castings
  • Developing a high-speed and effective welding process for fabricating titanium assemblies utilized in the construction of naval vessels

Businesses in the Metal Fabrication 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:
75 - 100

R&D Tax Credits

Federal R&D Tax Credit:
$117,593

State R&D Tax Credit:
$32,930

R&D Tax Credit for Metal Fabrication

Learn More About R&D Tax Credits