Racing Accessories Designers and Manufacturers: R&D Tax Credit Eligible!

We’re working with a race team accessories designer and manufacturer. Seat belts for durability and fire retardant materials. Improved communication methods via helmet to crew. These are some areas this company helps the racing community.  That time and money in experimentation they’ve invested paid off in a R&D Tax Credit.

10 employees

Expenses in prototype materials

Third party testing and engineering expenses

Federal Credit of  $30k

State Credit of $0 (sorry NC you currently don’t offer a credit) Strapped for cash due to income tax payments? Spending money on new materials and processes and need additional return on the investment?  Contact us for a free assessment and review.