Helping an Innovative Robotics Company Unlock Over $176,000 in R&D Tax Credits

After identifying qualifying research activities, Molen & Associates coordinated a comprehensive R&D tax credit study that generated more than $176,000 in federal tax credits for the company’s shareholders over four years.

An innovative robotics company had invested heavily in research and development but had never claimed available federal R&D tax credits. The owners wanted to determine whether they qualified and maximize any available benefit.

The project required coordinating an outside R&D study, amending three S Corporation returns and nine shareholder returns, while helping the owners understand how nonrefundable tax credits would impact each shareholder differently.

Our team coordinated the R&D study, worked closely with the client to gather documentation, prepared all amended business and individual tax returns, and helped explain how each shareholder’s tax situation affected the amount of credit they could actually utilize. We also coordinated a meeting with the engineering specialists to ensure the owners fully understood the calculations.

The company secured $176,402 in federal R&D tax credits available to offset shareholder tax liabilities over four years. The project also gave the owners greater clarity about future tax planning opportunities and how research activities can continue generating valuable tax benefits.