Food and Beverage Case Study
Bryan Beef, a US-based manufacturer of processed beef products, successfully claimed over $140,000 in federal R&D tax credits by reinventing its manufacturing process to produce certified organic beef. Previously believing its activities wouldn’t qualify, Bryan Beef discovered its eligibility after meeting with a specialist who identified numerous qualifying R&D activities within its daily operations. These activities included developing new product formulations and packaging, modifying manufacturing processes, automating functions, implementing continuous improvement projects, and redesigning machine layouts. To substantiate its claim, Bryan Beef maintained thorough documentation such as project records, design drawings, testing results, and tax invoices, ensuring it was “compliance ready” for potential IRS audits. Click here to learn more.