Absolutely. The fees you pay us are considered tax preparation costs which are deductible. Just like when you used to use consultants to deliver your study. Once we complete our work you will be able to print the payment confirmation screen to save as a receipt for your records. Then, you can include the entire amount of that invoice on your return. As with all deductions, this amount will directly reduce your taxable income.
Articles in this section
- My start-up is not profitable, do I still qualify for the R&D credit?
- How is the credit computed?
- How much money can I get back from the IRS?
- What happens if I can't utilize all my R&D tax credits?
- What type of deliverable will I receive?
- I don't have any employees, can I still claim the credit?
- Why hasn't my CPA told me about the R&D credit?
- How soon can I get my money after I claim the credit?
- What happens if I get audited?
- I took the Employee Retention Credit (ERC) does that matter?
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