Many companies perform qualifying research activities but never claim the R&D tax credit because the process seems complex or unclear. Leo Consult helps you identify and quantify these hidden opportunities through data analysis.
Many companies are performing qualifying research activities but never claim the R&D tax credit because the process seems complex or unclear.
Companies assume R&D credits only apply to labs and scientists, not realizing their engineering improvements, process optimizations, or software development may qualify.
The documentation required feels overwhelming, and tracking which activities qualify requires time and expertise most teams don't have.
As a result, many businesses miss out on significant tax credits that could offset payroll costs and improve cash flow.
Manufacturing firms, software companies, and engineering teams often qualify for significant tax credits when they improve products, processes, or software
Process improvements, tooling experiments, quality control innovations, and product design changes often qualify.
Custom software development, algorithm improvements, performance optimization, and new feature development typically qualify.
Design experimentation, prototype testing, material improvements, and technical uncertainty resolution often qualify.
Your company may qualify for R&D tax credits if you engage in any of these activities:
Building proprietary software, applications, or platforms for internal use or commercial sale
Experimenting with new tooling, techniques, or methods to reduce defects, improve efficiency, or enhance quality
Creating new products or significantly improving existing ones through engineering and testing
Testing multiple approaches to solve technical challenges where the outcome is uncertain
Building and testing prototypes to validate designs or technical concepts
Working to enhance speed, reliability, efficiency, or functionality of products or processes
Solving problems where the solution wasn't known in advance and required experimentation
Running systematic tests to evaluate materials, designs, or processes
If you checked even one box, your company may qualify for R&D tax credits.
Get Free AssessmentWe use data analysis to identify qualifying activities and estimate potential credit value
We analyze your project history, work logs, and operational data to identify activities that meet IRS criteria for R&D tax credits.
We examine payroll records, project timelines, and labor allocation to quantify time spent on qualifying activities.
We calculate estimated credit value based on qualified research expenses, giving you a clear picture of potential savings.
We prepare comprehensive documentation that supports your R&D tax credit claim, organized and ready for your tax professional.
Illustrative examples of how different businesses might qualify for R&D tax credits
A manufacturer experiments with new tooling to reduce defects in their production line.
Estimated R&D credit opportunity identified based on qualified labor costs, supply expenses, and contractor fees related to the experimentation process.
A software company develops a proprietary algorithm to improve recommendation accuracy for their platform.
Estimated R&D credit opportunity identified based on developer salaries, cloud computing costs for testing, and third-party contractor fees.
An engineering firm develops a new component design requiring extensive testing and iteration to meet performance specifications.
Estimated R&D credit opportunity identified based on engineering labor, prototype materials, testing equipment costs, and simulation software expenses.
We're not traditional tax consultants. We're data analysts who specialize in finding hidden opportunities through systematic analysis of your operational data.
We use payroll data, project management systems, time tracking, and expense records to systematically identify qualifying activities—not just what teams remember doing.
We validate data quality before making estimates. You'll know exactly what assumptions drive our calculations and where uncertainty exists.
No consultant jargon. We give you straightforward findings your tax professional can use, with transparent documentation to support your claim.
You work directly with Wilkin Jones, not a junior analyst. I stay involved from discovery through documentation delivery.
A clear, efficient timeline from discovery to documentation
We discuss your business activities, project types, and data availability. No cost, no commitment.
We analyze payroll, project, and expense data to identify qualifying activities and estimate credit potential.
We present our findings, estimated credit value, and supporting evidence. You decide whether to proceed.
We deliver comprehensive documentation organized for your tax professional to file your claim.
No. Manufacturing, engineering, food production, and many other industries regularly qualify when they improve processes, develop products, or solve technical challenges.
Companies of all sizes can qualify. Even small businesses with a handful of employees engaged in qualifying activities may benefit significantly.
Claiming R&D credits doesn't automatically trigger an audit. Proper documentation reduces risk. We help ensure your claim is well-supported.
Yes. You can typically amend returns for up to three previous tax years to claim R&D credits you missed.
Typically payroll records, project lists, time tracking data, and expense reports. We work with whatever data you have available.
No. We provide the analysis and documentation. Your CPA or tax professional files the actual claim as part of your tax return.
Schedule a free discovery call. We'll review your business activities and give you an honest assessment of your R&D tax credit potential.