Ohio and the Research and Development (R&D) Tax Credit

State Credit Name: Ohio R&D Investment Tax Credit

Expiration Date: Permanent

Who Can Apply? Corporations and flow-through entities

Credit Carry Forward: Unused credit can be carried forward 7 years.

 

  • About the Credit: The credit rate is 7% of the qualifying expenditures and closely follows the federal research credit. The Ohio credit uses the Alternative Simplified Credit  calculation method.Notes: The credit is nonrefundable against the Commercial Activity Tax.

Are you eligible?

R&D Tax Credit Eligibility AI Tool

Why choose us?

directive for LBI taxpayers

Pass an Audit?

directive for LBI taxpayers

Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed’s office location at 20 E Broad St, Columbus, Ohio provides R&D tax credit consulting and advisory services to Columbus, Cleveland, Cincinnati, Toledo, Akron, Dayton, Parma, Canton, Youngstown, Lorain, Hamilton, Springfield, Kettering, Elyria, Lakewood, Cuyahoga Falls, Middletown, Euclid, Newark and Mansfield.

If you have any questions or need further assistance, please call or email our local Ohio Partner on (380) 220-1380.
Feel free to book a quick teleconference with one of our Ohio R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.


R&D Tax Credit Training for OH CPAs

directive for LBI taxpayers

Upcoming Webinar

 

R&D Tax Credit Training for OH CFPs

bigstock Image of two young businessmen 521093561 300x200

Upcoming Webinar

 

R&D Tax Credit Training for OH SMBs

water tech

Upcoming Webinar

 


Choose your state

find-us-map

Never miss a deadline again

directive for LBI taxpayers

Stay up to date on IRS processes

Discover R&D in your industry

Contact Us


Ohio Office 

Swanson Reed | Specialist R&D Tax Advisors
20 E Broad St
Columbus, OH 43215

 

Phone: (380) 220-1380