Tax
R&D Tax Credit
A federal (and Wisconsin) credit for businesses spending on qualified research activities — broader than most owners assume.
Definition
The R&D credit isn't just for biotech and software. Manufacturers improving processes, engineers solving design problems, and businesses developing new product formulations all routinely qualify. The credit reduces federal income tax dollar-for-dollar and can be carried forward.
When It Matters
If you have engineers, product developers, process improvement teams, or technical staff solving problems with uncertain outcomes.
Common Questions
Can I claim the R&D credit retroactively?
Often yes — within the open statute of limitations. We routinely amend prior returns to capture missed credits, particularly for manufacturers.