R&D Tax Credit for Robotics

Companies involved in the Robotics Industry invest considerable amounts of time performing research and development while devising systems and equipment for the rapidly expanding and competitive robotic equipment market. Companies in this industry continually develop systems and components to satisfy special application requirements as well as endeavor to develop standardized off-the-shelf equipment and products having advanced performance characteristics. Examples of robotic equipment development activities that present R&D tax credit opportunities include:
  • Designing and developing a three-axis robot arm that can be utilized in a high-temperature environment
  • Designing and developing a high-speed robotic pick-and-place system for removing plastic components from an injection-molding process
  • Developing and evaluating a microprocessor-based control system for operating multiple robotic welding systems working in conjunction with one another
  • Designing and developing a robotic finger mechanism that would be suitable for grasping and removing delicate glass components from a processing system

Businesses in the Robotics 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:
$100 - $125 Million

Employees:
100 - 150

R&D Tax Credits

Federal R&D Tax Credit:
$539,586

State R&D Tax Credit:
$175,637

R&D Tax Credit for Robotics

Learn More About R&D Tax Credits