Research credits

The current state of the research tax credit.

 

The U.S. research tax credit was made permanent in 2015 and was not directly impacted by this year’s U.S. tax reform.  However, the credit can now be even more advantageous due to the interplay with tax law changes for 2018 and beyond.

A discussion paper on this and other recent developments are included below.  KPMG has a dedicated team both in the U.S. and globally to help answer your questions on R&D tax incentives. Please visit this website for continual updates or contact us with any questions.

Our Research Credits Services group also has a broad range of experience in different business sectors.

 

A New Way to Uncover R&D Tax Credit Opportunities

To increase your confidence in and improve the efficiencies of the R&D tax credit process and quality of IRS-ready deliverables, KPMG has built the first automated platform focusing on qualitative documentation for qualified activities and contracts using IBM Watson’s cognitive analysis.

With the ability to review and analyze thousands of documents with speed and accuracy—without increasing human labor—KPMG can reliably and comprehensively validate your company’s R&D activities, possibly discover unknown credits, and quickly complete robust IRS deliverables. By embracing this offering, companies with ongoing R&D potentially benefit from improved cash flow, reduction in tax liability, and increased EPS while simultaneously enabling their human resources to focus on strategic work.

 

Research Credit Meals and Entertainment Services
Reimagining tax...combining KPMG's tax experience with IBM Watson's cognitive capabilities, discover corporate tax benefits and risk with greater confidence.

 

Contact us

Edward Jankun

Edward Jankun

Managing Director, Co-leader, Credit Services, KPMG US

+1 704-371-8090
Richard Marcos

Richard Marcos

Principal, Co-leader, Credit Services , KPMG US

+1 213-817-3188