“We do not have a research lab.”
Most qualifying work occurs in engineering, production, design, or software settings.
“We are not a high-tech company.”
Many Reynoldsburg manufacturers and service-based organizations qualify.
“We only improve existing products.”
Enhancements qualify when testing or technical evaluation is part of the work.
“This credit is only for large corporations.”
Small and mid-sized Reynoldsburg companies qualify 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.”
Evaluation, testing, and technical problem-solving often meet IRS expectations.