With tax season rapidly approaching, now is the perfect time to evaluate the potential savings that the R&D Credit can provide before filing your 2011 tax return. The R&D credit allows companies to receive tax credits for activities that incur expenses intended to develop new, improved and more reliable products, processes and formulas. The federal benefit is roughly around 6.5% of total qualified R&D expenses. If you or your company is interested in taking advantage of the R&D Tax Credit, please contact us today for a FREE quote and an estimated benefit of your potential tax savings. For more information about the R&D Tax Credit please talk to our research credit experts.