Solutions

CPA Services

Resources

About Us

Solutions

Solutions

We help clients maximize tax credit savings through expert guidance and a range of services tailored to their needs, ensuring compliance and optimizing benefits.

Resources

CPA Services

CPA Partners

Source Advisors offers tailored solutions, focusing on speed, responsiveness, and flexibility to optimize clients’ tax strategies and maximize returns, fostering lasting relationships.

Our list of service line collaterals created for CPAs

Upcoming conferences, workshops, and webinars

Key tax strategies that can improve cash flow, free up capital, and fund future projects

Stay up to date with industry developments with Source Advisors’ CPE Courses

Stay ahead of the curve with our technical updates. From changes in tax legislation to updates on tax credits.

Resources

Resources

Source Advisors offers a comprehensive range of resources designed to help clients maximize their tax credits savings for their businesses.

Upcoming conferences, workshops, and webinars

Stay ahead of the curve with our technical updates. From changes in tax legislation to updates on tax credits, we’ve got you covered

Access our library of informative guides on various tax topics

Explore articles written by industry leaders on all our service lines

Learn from real-world examples to understand how we’ve helped our clients navigate various complex tax situations

Businesses of all sizes and industries can reduce federal income taxes for qualified research expenses

About Us

About Us

Trust, integrity, and hard work are core values that have driven our success and created partnerships with many of the nation’s most prominent accounting firms, associations, and Fortune 1000 companies.

Our people are our greatest asset.

Community outreach and philanthropy.

Join the Source Advisors family! Check out our open positions.

Company updates and press releases

Solutions

CPA Services

Resources

About Us

Solutions

Solutions

We help clients maximize tax credit savings through expert guidance and a range of services tailored to their needs, ensuring compliance and optimizing benefits.

Resources

CPA Services

CPA Partners

Source Advisors offers tailored solutions, focusing on speed, responsiveness, and flexibility to optimize clients’ tax strategies and maximize returns, fostering lasting relationships.

Our list of service line collaterals created for CPAs

Upcoming conferences, workshops, and webinars

Key tax strategies that can improve cash flow, free up capital, and fund future projects

Stay up to date with industry developments with Source Advisors’ CPE Courses

Stay ahead of the curve with our technical updates. From changes in tax legislation to updates on tax credits.

Resources

Resources

Source Advisors offers a comprehensive range of resources designed to help clients maximize their tax credits savings for their businesses.

Upcoming conferences, workshops, and webinars

Stay ahead of the curve with our technical updates. From changes in tax legislation to updates on tax credits, we’ve got you covered

Access our library of informative guides on various tax topics

Explore articles written by industry leaders on all our service lines

Learn from real-world examples to understand how we’ve helped our clients navigate various complex tax situations

Businesses of all sizes and industries can reduce federal income taxes for qualified research expenses

About Us

About Us

Trust, integrity, and hard work are core values that have driven our success and created partnerships with many of the nation’s most prominent accounting firms, associations, and Fortune 1000 companies.

Our people are our greatest asset.

Community outreach and philanthropy.

Join the Source Advisors family! Check out our open positions.

Company updates and press releases

Industries

R&D Tax Credit

Our specialized team of tax consultants leverages their industry-specific knowledge to deliver tailored tax solutions that drive value for your business.

Industries

R&D Tax Credit

Our specialized team of tax consultants leverages their industry-specific knowledge to deliver tailored tax solutions that drive value for your business.

Our R&D Tax Credit Industries

Aerospace

Aerospace manufacturers often qualify for the R&D tax credit due to the extensive experimentation involved in developing high volume and highly complex production processes. Even aerospace companies not participating in overall product design can qualify.

Read More →

Architecture & Engineering

Architecture and Engineering industries generate R&D tax credits, but design and development are complex and often involve design reviews, new processes, material experimentation, and alternative evaluation, indicating technical uncertainty.

Read More →

Blockchain Development

Blockchain development is at the forefront of modern financial technology, offering opportunities for qualifying for R&D tax credits amid the surge in demand for decentralized solutions.

Read More →

Chemical

Chemical manufacturers engage in a wide array of activities that can qualify for the R&D tax credit. This extends from product development and formulation to the intricate design and creation of large-scale production plants.

Read More →

Construction & MEP

R&D tax credits in the AEC sector can be claimed by construction companies and MEP engineering firms, regardless of their focus on specific systems within larger construction projects.

Read More →

Consumer Goods Manufacturing

Since 1981, the R&D tax credit has primarily benefited the manufacturing sector, promoting US-based research in product design and manufacturing, with consumer goods being a significant category.

Read More →

Contract Manufacturing

Contract manufacturers often qualify for the R&D tax credit due to their involvement in complex production processes and extensive experimentation, rather than solely responsible for production.

Read More →

Financial Services

Financial services companies qualify for R&D tax credit due to proprietary software systems, as technological advancements shift towards bespoke systems for specific needs.

Read More →

Food & Beverages

Manufacturers often overlook R&D tax credit eligibility, but activities like food science initiatives, novel recipes, flavors, packaging, and food safety improvements may qualify.

Read More →

Game Development

Game development is a costly and risky endeavor, necessitating additional cash flow for small-to-midsize studios, as many of their work qualifies for credit.

Read More →

Life Science

The life science industry, driven by innovation, is a strong candidate for the R&D tax credit due to its innovative solutions in lab automation equipment and diagnostic testing components.

Read More →

Manufacturing & Distribution

The R&D tax credit, established in 1981, benefits various manufacturing sectors in the US, including consumer goods, medical products, electronics, pharmaceuticals, automotive, furniture, and steel parts.

Read More →

Metal Fabrication

The metalworking industry can qualify for the R&D tax credit, as it involves routine activities like designing and creating custom tooling, casts, jigs, dies, or production equipment, which can potentially enhance production processes.

Read More →

Mortgage & Banking

The mortgage banking industry has shifted towards software development due to fragmented platforms, leading to the emergence of research and development tax credits as a tax planning strategy.

Read More →

Oil & Gas

The oil and gas industry frequently benefits from R&D tax credits, requiring companies to innovate to maintain competitiveness. Entities like exploration, production, refineries, drilling contractors, and oilfield services qualify.

Read More →

Pharmaceutical

The pharmaceutical, nutraceutical, and bioceutical industries can qualify for the R&D tax credit, covering both visible and less obvious aspects like support staff wages, computer leasing, and raw material costs.

Read More →

Plastic Injection Molding

The plastics and injection molding industry is eligible for the R&D tax credit due to its extensive R&D activities in injection molding and plastic packaging.

Read More →

Software Development

Software companies are a rapidly growing sector eligible for the R&D tax credit, ranging from software development and marketing to internal software creation for operational efficiency.

Read More →

Tool & Die

Tool and die manufacturers have a unique opportunity for R&D qualification due to their specialized role in designing tools and dies, which are integral to end product manufacturing.

Read More →

Aerospace

Aerospace manufacturers often qualify for the R&D tax credit due to the extensive experimentation involved in developing high volume and highly complex production processes. Even aerospace companies not participating in overall product design can qualify.

Read Case Study →

Architecture & Engineering

Architecture and Engineering industries generate R&D tax credits, but design and development are complex and often involve design reviews, new processes, material experimentation, and alternative evaluation, indicating technical uncertainty.

Read Case Study →

Blockchain Development

Blockchain development is at the forefront of modern financial technology, offering opportunities for qualifying for R&D tax credits amid the surge in demand for decentralized solutions.

Read Case Study →

Chemical

Chemical manufacturers engage in a wide array of activities that can qualify for the R&D tax credit. This extends from product development and formulation to the intricate design and creation of large-scale production plants.

Read Case Study →

Construction & MEP

R&D tax credits in the AEC sector can be claimed by construction companies and MEP engineering firms, regardless of their focus on specific systems within larger construction projects.

Read Case Study →

Consumer Goods Manufacturing

Since 1981, the R&D tax credit has primarily benefited the manufacturing sector, promoting US-based research in product design and manufacturing, with consumer goods being a significant category.

Read Case Study →

Contract Manufacturing

Contract manufacturers often qualify for the R&D tax credit due to their involvement in complex production processes and extensive experimentation, rather than solely responsible for production.

Read Case Study →

Financial Services

Financial services companies qualify for R&D tax credit due to proprietary software systems, as technological advancements shift towards bespoke systems for specific needs.

Read Case Study →

Food & Beverages

Manufacturers often overlook R&D tax credit eligibility, but activities like food science initiatives, novel recipes, flavors, packaging, and food safety improvements may qualify.

Read Case Study →

Game Development

Game development is a costly and risky endeavor, necessitating additional cash flow for small-to-midsize studios, as many of their work qualifies for credit.

Read Case Study →

Life Science

The life science industry, driven by innovation, is a strong candidate for the R&D tax credit due to its innovative solutions in lab automation equipment and diagnostic testing components.

Read Case Study →

Manufacturing & Distribution

The R&D tax credit, established in 1981, benefits various manufacturing sectors in the US, including consumer goods, medical products, electronics, pharmaceuticals, automotive, furniture, and steel parts.

Read Case Study →

Metal Fabrication

The metalworking industry can qualify for the R&D tax credit, as it involves routine activities like designing and creating custom tooling, casts, jigs, dies, or production equipment, which can potentially enhance production processes.

Read Case Study →

Mortgage & Banking

The mortgage banking industry has shifted towards software development due to fragmented platforms, leading to the emergence of research and development tax credits as a tax planning strategy.

Read Case Study →

Oil & Gas

The oil and gas industry frequently benefits from R&D tax credits, requiring companies to innovate to maintain competitiveness. Entities like exploration, production, refineries, drilling contractors, and oilfield services qualify.

Read Case Study →

Pharmaceutical

The pharmaceutical, nutraceutical, and bioceutical industries can qualify for the R&D tax credit, covering both visible and less obvious aspects like support staff wages, computer leasing, and raw material costs.

Read Case Study →

Plastic Injection Molding

The plastics and injection molding industry is eligible for the R&D tax credit due to its extensive R&D activities in injection molding and plastic packaging.

Read Case Study →

Software Development

Software companies are a rapidly growing sector eligible for the R&D tax credit, ranging from software development and marketing to internal software creation for operational efficiency.

Read Case Study →

Tool & Die

Tool and die manufacturers have a unique opportunity for R&D qualification due to their specialized role in designing tools and dies, which are integral to end product manufacturing.

Read Case Study →

Contact Source Advisors for a Free Assessment

Embrace the power of tax credit savings with Source Advisors and propel your business towards growth and success. Partner with us today to unlock your company’s full potential.