UPCOMING LIVE WEBINAR

The R&D Tax Credit in the Manufacturing Industry

Date & Time: Wednesday, December 3, 2025 at 1:00 pm CT   |   Duration: 60 Minutes

R&D Tax Credits: 80% of companies that qualify don’t claim!  Every year, companies throw away thousands or even hundreds of thousands of dollars because of simple misunderstandings surrounding the research and development (R&D) tax credit. Amendment claims can go back three years and in most situations produce sizable refunds for past R&D activities.

WEBINAR DETAILS

Title: The R&D Tax Credit in the Manufacturing Industry

Date: Wednesday, December 3, 2025

Time: 1:00 pm – 2:00 pm Central Time

Cost: FREE

Learning objectives include:

  • An overview of R&D Tax Credits
  • Identify Qualifying Research Activities
  • Define the 4-Part Test
  • How to substantiate activities through documentation
  • Identify Qualifying Research Expenses

CE/CPE credits:          Worth one hour

Knowledge Level:      Basic*

Field of Study:            Taxation

Why Choose Us

  1. We are certified to the  ISO31000:2009 Risk Management standard
  2. We are NASBA certified and provide daily CPE credits to CPAs, CFPs, and SMBs
  3. We are an IRS approved Continuing Education provider for CPAs and Enrolled Agents
  4. We have an rated A+ with the Better Businese Beureau
  5. Our R&D tax audit insurance product, creditARMOR is one of the most cost effective tools on the market
  6. Our AI language model, TaxTrex prepares R&D tax credit claims in less than 90 minutes.
  7. Each R&D tax claims prepared by Swanson Reed undergo a six eye review by a Qualified Engineer, Scientist and Enrolled Agent or CPA.

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Small businesses in the manufacturing industry can significantly benefit from the Research and Development tax credit by reducing their tax liability for developing or improving products, processes, or technology. For startups with little to no income tax liability, the Research and Development payroll tax offset offers a valuable opportunity—allowing them to apply the credit against up to $500,000 of payroll taxes annually. This helps offset critical payroll costs, freeing up capital for further innovation and growth, even in the early stages of development.

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Manufacturing Case Study

Wino Incorporated, a specialist in wine cellar refrigeration, was approached by a vineyard in 2012 to reduce their cellar temperatures from 59°F to 54°F. Wino devised a solution involving vaporizing cold liquid CO2 from a recovery plant and processing it through cooling units. To qualify for the Research and Experimentation Tax Credit, Wino self-assessed its eligible R&D activities based on “The Four-Part Test.” These activities included the design and development of prototypes to test the hypothesis of reducing temperatures by 5°F using CO2, involving in-depth analysis, system refinement, and updated technical drawings. Although the initial system implementation failed due to too many uncontrollable variables, Wino still claimed R&D for subsequent redesigns, including a complete change to use CO2 as a conventional refrigerant, a standalone plant with new compressors, pump recirculation of liquid CO2 to larger evaporators, and adding new evaporators. Background research, focusing on identifying issues, designing CO2-based solutions, and client liaison, also qualified as R&D, encompassing client meetings, internal design development, discussions with site operators, and design submissions. Finally, ongoing analysis of customer feedback, including interpreting experimental results, assessing client feedback, client inspections, and validating design inputs during operation and testing, were deemed necessary for improving the prototype design and thus qualified as R&D. Qualified research for the tax credit aims to develop new or improved business components, meeting criteria of permitted purpose, elimination of uncertainty, a process of experimentation, and being technological in nature. Wino maintained thorough documentation, such as meeting notes, sketches, photos, testing protocols, results, and tax invoices, to demonstrate compliance and prove R&D eligibility.  Click here to learn more.


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