In a joint effort to help more companies increase their after-tax return on their R&D investment and to provide enhanced R&D tax services to companies, RSM McGladrey, Inc. (http://www.rsmmcgladrey.com/), and Axiom Solutions, LLLP (http://www.axiomsolutions.com/), two of the nation's leading business service providers for middle market companies, have announced an agreement to work together to provide Research & Development Tax Credit services to companies in the upper end of the middle market.
The R&D Tax Credit program, an economic investment incentive, has been in place since 1981 and recognizes investment that leads to the development of new, more efficient products and technological services. The R&D credit has become increasingly attractive to a broad range of businesses, primarily in the manufacturing, technology and engineering industries. The credit applies not only to product development efforts, but also to manufacturing process improvements and certain types of software development.
