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August242022

R&D Tax Credits – Tax Tip with Marcy Greenfield

Transcript

Announcer: Here’s today’s Tax Tip – with Marcy Greenfield, Partner and Co-Leader of the Manufacturing, Distribution & Retail Practice at Berdon LLP Accountants and Advisors.

Marcy: With online retail and direct to consumer selling becoming industry norms, it is essential for manufacturing, distribution and retail companies to innovate and remain competitive. Investing in innovation will not only help a company succeed but will also enable them to qualify for research and development tax credits, which can range from four to seven percent of all eligible spending for new and improved products and processes. At Berdon, we factor in a company’s unique circumstances to develop a tax strategy that helps identify and claim eligible R&D incentives. If you’re a manufacturing, distribution, or retail executive looking to maximize tax savings, let Berdon help you move forward with confidence.

Announcer: Today’s Tax Tip is brought to you by Berdon Accountants and Advisors. Visit Berdon LLP dot com. That’s b-e-r-d-o-n-l-l-p dot com. Berdon Accountants and Advisors. We listen. We solve. We do.

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