Most IT companies are unaware of US R&D Tax Credits.
New Breed Telecom has partnered with Paradigm Partners to help IT companies obtain significant refunds and tax credits.
What is the US R&D Tax Credit?
The Research and Development (R&D) tax credit was created by Congress as part of the Economic Recovery Tax Act of 1981 to encourage American industry to invest in research and development activities. The purpose of the credit was to stimulate R&D activities among businesses through tax incentives.
Benefits to Clients
* Millions of dollars in tax credits, resulting in cash back from the IRS for previous open tax years
* $1 for $1 reduction on current year’s tax liability
* Additional tax savings in future years
* Carry-forward up to twenty (20) years
Who can use it?
* Manufacturing
* Fabrication
* Engineering
* Software Developers
* Chemical
* Tool and Die
* Machine Shops
* Plastics Manufacturers
* Pharmaceutical
* Biotechnology
* Food Sciences/Manufacturers
Turnkey package includes:
* Interviews
* Credit Calculations, Detailed Timesheets and Summaries
* Engineering Report
* R&D Audit Defense at no additional cost
* Support level for CPA
Why use Paradigm?
* Our staff includes engineers and IP attorneys with an engineering background as required by the IRS
* We use the Comprehensive Project by Project Approach methodology to conduct our studies as required by the IRS
* We provide free audit defense
* We use a two phase approach to minimize the risk to our clients.
For more information, about this program, or to learn more about;
• IC-DISC, which is an acronym for Interest Charge – Domestic International Sales Corporation.
• Work opportunity Tax credits
• Patents
• Cost Segregation & Energy Efficiency Studies
.contact us at: info@newbreedtelecom.com - or call Dick Watkins at 888 650 5353
What is the US R&D Tax Credit?
The Research and Development (R&D) tax credit was created by Congress as part of the Economic Recovery Tax Act of 1981 to encourage American industry to invest in research and development activities. The purpose of the credit was to stimulate R&D activities among businesses through tax incentives.
Benefits to Clients
* Millions of dollars in tax credits, resulting in cash back from the IRS for previous open tax years
* $1 for $1 reduction on current year’s tax liability
* Additional tax savings in future years
* Carry-forward up to twenty (20) years
Who can use it?
* Manufacturing
* Fabrication
* Engineering
* Software Developers
* Chemical
* Tool and Die
* Machine Shops
* Plastics Manufacturers
* Pharmaceutical
* Biotechnology
* Food Sciences/Manufacturers
Turnkey package includes:
* Interviews
* Credit Calculations, Detailed Timesheets and Summaries
* Engineering Report
* R&D Audit Defense at no additional cost
* Support level for CPA
Why use Paradigm?
* Our staff includes engineers and IP attorneys with an engineering background as required by the IRS
* We use the Comprehensive Project by Project Approach methodology to conduct our studies as required by the IRS
* We provide free audit defense
* We use a two phase approach to minimize the risk to our clients.
For more information, about this program, or to learn more about;
• IC-DISC, which is an acronym for Interest Charge – Domestic International Sales Corporation.
• Work opportunity Tax credits
• Patents
• Cost Segregation & Energy Efficiency Studies
.contact us at: info@newbreedtelecom.com - or call Dick Watkins at 888 650 5353



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