Neo.Tax R&D Credit
Eligibility requirements
All NachoNacho customers are eligible to redeem this deal.
What is Neo.Tax R&D Credit?
Our first product simplifies the complex process of applying for the R&D tax credit, putting up to millions back into each company's pocket. In under 30 minutes, qualifying companies can receive millions back from the IRS. It is free to qualify – you only pay if NeoTax can find the cash you're owed. On average our customers save over $50,000!
With the recent tax law change to R&D capitalization, we've built the only product in the market developed to help companies understand this new change and optimize their tax liability. Each new product we've built solves acute pain points for virtually all finance teams from startups to public companies.
Key benefits of using Neo.Tax R&D Credit?
Increased Efficiency: Our R&D credit and capitalization product streamlines the process of managing and claiming R&D tax credits and capitalizing expenses. We've automated the collection, organization, and analysis of relevant financial and technical data, reducing the time and effort required to identify eligible expenses and calculate tax credits accurately.
Maximized Tax Savings: Our product helps businesses maximize their R&D tax savings by ensuring comprehensive coverage of eligible expenses. We analyze financial and technical data to identify qualified research activities, expenses, and projects that qualify for capitalization. By accurately capturing all eligible costs, businesses can optimize their R&D tax credits and capitalize on potential tax savings, leading to a reduction in their overall tax liability.
Compliance and Risk Mitigation: R&D tax credit regulations can be complex and subject to frequent updates. Our product stays up to date with the latest tax laws and regulations, ensuring compliance and reducing the risk of errors or omissions in tax credit claims. By providing accurate calculations and detailed documentation, we help businesses mitigate compliance risks and maintain a strong position in case of an audit or review by tax authorities.
Enhanced Data Visibility and Analytics: Our product offers businesses enhanced visibility into their R&D expenditures and tax credit potential. Through our intuitive dashboards and reporting features, businesses gain valuable insights into their R&D activities, expenses, and tax credits. This increased data visibility allows for better strategic decision-making, improved resource allocation, and a deeper understanding of the financial impact of R&D investments.
Scalability and Integration: Our product is designed to scale with the needs of businesses of all sizes. Whether it's a small startup or a large enterprise, the product can accommodate a growing volume of R&D activities and expenses.