Research Credit Reviews

Research credit reviews can be very cost effective and result in significant bottom-line benefit.  Although most companies have previously conducted these studies, the rules regarding the qualification of deductions are constantly changing. Recent changes such as software development and the timing of contemporaneous documentation are examples of the changes that occur.

Ashland has the resources and technical skills to conduct research studies to provide the maximum deductions for your research activities. Our professionals can assist you in navigating the complex rules regarding this potentially rewarding deduction. Our objective is to provide our clients with the maximum credit that is allowable with minimal impact on the day-to-day operations of our clients.

Our reviews also include such areas as:

• Research and development tax incentive studies
• Meals and entertainment expense studies
• Cost capitalization studies for fixed assets
• Section 199 deduction review
• Accounting change reviews

Utilizing the skills of former senior level LMSB Revenue Agents or Appeals Officers, Ashland conducts the research credit and related reviews for our clients.  Because of this level of experience, we identify and recover tens of millions of tax dollars for our clients year after year.