Accelerate Innovation through Funding and Tax Incentives

With over 28 years of experience and support for 50,000+ companies worldwide, our experts help uncover valuable savings that fuel continued innovation.

How we help

Over 65 Industries Qualify for Innovation Funding & Incentives

Our team of tax and indusry technical experts supports thousands of businesses each year in navigating innovation funding & incentives.

From Our Experience

Common Myths About R&D Incentives

Many business owners mistakenly believe they don’t qualify for R&D incentives, causing them to miss out on significant tax savings.

Myth #1 Only scientists in lab coats are doing R&D

The IRS defined R&D through a 4 Part Test and, surprisingly, the definition is incredibly broad. As long as a company is in a field of hard science and trying to either improve an existing product/process or develop a brand new one, they are likely conducting an R&D project.

Myth #2 Only large, profitable companies qualify

The PATH Act expanded the R&D Tax Credit to help startups and growing businesses offset payroll tax liability, making innovation incentives more accessible beyond large corporations and encouraging continued investment in U.S.-based research and development.

Myth #3 "We’re not investing in as much R&D this year"

  • Even if your business reduced its R&D investment this year, you may still be eligible to claim the R&D Tax Credit retroactively for the past three tax years.
  • The definition of qualified R&D is often broader than many businesses expect, you may have more eligible activities and expenses than you realize.
  • A reduced level of current-year R&D may also create a lower base period, potentially increasing future credit opportunities.

Myth #4 The incentives is only available on federal level

More than 30 states offer their own version of R&D Tax Credit and most state credits closely follow the Federal legislation, Section 41.

WHY LEYTON

Global Leading Innovation Incentives Firm

people
1,000+

Tax & Industry Technical Experts

achievement
29+

Years of Experience

globe
20

Countries

chart
65+

Industries Served

money
$11B+

In Incentives
& Funding

Industry Experts, Tax Professionals

Hear from Our Innovation Team

Our expertise comes from our 28 years of existence, with PhDs, and Engineers, Tax Experts, Scientists, & Doctors, working in more than 65 industries.

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Our Innovation team is there to ensure your projects are seen from all perspectives and to answer all your questions and help you make the most out of your Innovation efforts

FAQs

Frequently Asked Questions

Can’t find the answer you’re after? Please contact our team

How long will it take to get my claim?

Our goal is to make the process as efficient as possible. Once we receive all required financial and technical documentation, an R&D Tax Credit study is typically completed within 1–2 months, depending on the size and complexity of your business.

Completing the study is separate from receiving the tax benefit. If the credit is claimed on a current-year tax return, the benefit may be realized when the return is filed. If you’re claiming the credit through an amended return, the IRS processing time for a refund can vary and may take 12 months or longer.

Claiming the tax incentives does not increase your chances of an audit. However, any time you amend your tax returns, the chance of an audit slightly increases. What’s important is that you have an experienced team that provides audit defense to support you.

This report details the Research & Development activities being conducted and the expenses associated with all activities. The core of the R&D Tax Credit is being able to tie financial expenses with technical research activity. This nexus is what builds the credit and allows companies to claim the benefit on their tax return. Without this nexus, the credit is null. This is where Leyton’s technical report comes in.

In addition to calculating the credit, Leyton prepares comprehensive supporting documentation, including technical narratives and expense analyses that align with IRS requirements. This documentation helps substantiate your claim, supports your tax position in the event of an IRS review, and provides your CPA with the information needed to accurately file the credit.