“We do not have a research lab.”
Most qualifying work occurs in engineering, production, testing, or software environments.
“We are not a high-tech company.”
Many Grove City manufacturers and service-based organizations qualify.
“We only improve existing products.”
Enhancements qualify when technical evaluation or testing is involved.
“This credit is only for large corporations.”
Small and mid-sized Grove City companies claim the credit every year.
“We do not develop new products.”
Improvements to existing systems or processes qualify under federal guidelines.
“We already perform this work, so it probably does not count.”
Evaluating alternatives, solving technical issues, and testing concepts often satisfy IRS requirements.