Why choose Intrepid Advisors?
In addition, our “fixed fee” rates are very competitive and based on the resources necessary for each specific project and NOT on a percentage of the actualized research tax credits. As such, our clients typically realize a cash benefit many times our fee.
How can CPA firms benefit?
Intrepid Advisors has remained the trusted research tax credit resource for CPA firms throughout the U.S. Our performance, success rate and quality of service has resulted in unsurpassed client satisfaction and loyalty. CPA firms that utilize Intrepid Advisors realize the following benefits:
- Trust that their clients receive expert guidance.
- Expeditious and attentive service.
- Maximal benefit-to-cost ratio.
- A process that saves valuable time and resources.
- No-cost R&D credit assessment.
- IRS and state audit support at no additional cost.
- SR&ED tax credit studies for Canadian companies.
- Improved client retention.
Your R&D Tax Credit Experts
Intrepid Advisors is a team of technological specialists comprised of highly educated and qualified engineers, scientists, and accountants with broad industrial experience. For the past 25 years, we’ve been offering consulting services relating to federal and state Research & Development Tax Credits.
Frequently Asked Questions
Have a question about the research tax credit? Perhaps you’ll find the answer among the commonly asked questions below.
1. Foreign research undertaken outside the United States and its territories.
2. Research conducted in the social sciences, arts, or humanities.
3. Ordinary testing or inspection of materials or products for quality control.
4. Market and consumer research.
5. Research relating to style, taste, cosmetic, or seasonal design.
6. Advertising and promotional expenses.
7. Management studies and efficiency surveys.
8. Computer software for internal use of the taxpayer, unless it meets additional tests.
9. General managerial and administrative duties.
10. Accounting tasks (i.e. bookkeeping, A/R, A/P, payroll).
11. Customer service support;
12. Routine status update meetings.
13. Commercial production.
14. Giving or receiving training.
15. Personnel matters.
16. Budget preparation.
17. Recruiting employees.
18. Charitable fundraising.
19. Attending industry or professional conferences.
20. Attending partnering and alliance activities and meetings.
21. Non-R&D related supervisory functions.
22. Internal business process development.
23. Research to locate and evaluate mineral deposits, including oil and gas.
24. Acquisition and improvement of land and of certain depreciable or depleted property used in research, including the annual depreciation deduction.
25. Research conducted after the beginning of commercial production.
26. Research related to adaptation of an existing business component including the duplication of existing products, processes, software, techniques, formulas or inventions.
27. Research related to duplication of an existing business component from a physical inspection, plans, blueprints, detailed specifications, etc.
28. Funded research, including any research funded by any grant, time and materials contract, or otherwise by another person or governmental entity.
Couldn’t find the answer?
We’d enjoy answering any additional questions. Feel free to contact us.