Food and beverage manufactures have ample opportunities to purse the R&D tax credit through the development or improvement of products, processes, software, techniques or inventions. From the experimenting with flavors and food quality to improving packaging and better delivery systems, there is room for innovation that qualifies many large and small organizations within this industry for the R&D tax credit.
Examples of Qualified R&D Research Activities for the Food & Beverage Industry
This credit is available to a wide range of experts within the food and beverage industry. Whether you’re testing different recipes to create a tastier or more nutritious product, introducing a new product line, changing up your packaging, or finding more efficient delivery methods, your research may be a qualified R&D reserach activity.
Contact Us to Get Started
Ready to see if your business qualifies? Schedule a consultation with our team to explore your potential R&D Credit benefits. We’ll guide you through the process and make it easy to take advantage of this powerful tax incentive.
Elizabeth Hope
Elizabeth is a Supervisor in our tax department. With over six years of experience, she enjoys the opportunity to dig into unique strategies to help our clients minimize tax liabilities.
