R&D Tax Credits for Main Street
You don’t have to send a rocket to Mars to qualify for the Research & Development tax credit. There are thousands of businesses that claim this credit annually whose innovations you’ve never heard of and thousands more who haven’t even reached the finish line. If you’re worried about even asking the question of whether your business qualifies…STOP IT! If you believe your business has (or is developing) a novel product, process, formula or software, it’s worth a chat.Get Started
Dark Horse Believes...
...determining if you should qualify should be easy
We can let you know in relatively short order whether your business qualifies in a judgment-free way that won’t leave you feeling embarrassed for asking.
...your R&D tax credit should be defensible
Dark Horse works with a team of R&D credit specialists who create a robust tax credit study that dots every “i” and crosses every “t” should the IRS ever want to take a closer look. The tax credit mills that crank out a high volume of credits care very little about whether the credit can be substantiated under audit because they’ll likely have wound down their business by the time they would have to face the music.Get Started
...you should know which expenses qualify in real-time
It’s difficult to forecast or create budgets when you don’t know the tax impact of your budgeted spend. Dark Horse will help you identify which expenses qualify, and since we do your bookkeeping, we can create clear accounting that shows you the costs alongside the projected R&D tax credit amount.Get Started
...missing out on the R&D tax credit is a shame.
If you wait too long to claim the R&D tax credit, you may not be able to claim it at all. The IRS limits the amount of time you have to amend prior year tax returns in order to claim the credit. So, if you’re waiting to claim the credit because you don’t think you can utilize it right now, we urge you to reconsider.
For most companies, the credit is worth 7-10% of qualified research expenditures. It’s a dollar-for-dollar credit against taxes owed, which can dramatically lower your effective tax rate. Plus, it can be carried back one tax year and carried forward for 20 years.
We'll help you determine if your business qualifies for the Research & Development Tax Credit
If you qualify, we’ll coordinate with our R&D credit team to collect all information needed to claim the credit
We'll claim the credit on your behalf, ensuring the correct elections are made to maximize the credit
Without Dark Horse
With Dark Horse
Suzi Drennen is the most knowledgeable, conscientious, and responsive CPA I have ever known—which is why I’ve stayed with her for more than 10 years. She is honest, has always gotten back to me quickly even at the height of tax season, and has saved me thousands of dollars over the years. The icing on the cake is that Suzi’s easy to work with and on top of that, a great person! She and her firm are tops!