R&D Tax Credit for Manufacturing
A game-changing innovation incentive for manufacturers
Research & Development in the Manufacturing sector
The manufacturing sector is rapidly innovating to improve business processes that ultimately accelerate production ramp-up and time-to-market, enhance product innovation, and increase customer acceptance. In a world of interconnected manufacturing networks, innovation starts with investing in Research & Development.
Daily activities, like developing & implementing technologies to improve process efficiencies, designing or enhancing equipment, and implementing system-level technologies with an aim to increase competitive capability of manufacturers, could all qualify for the Research & Development (R&D) Tax Credit.
Examples of R&D activity in Manufacturing
- Design modifications
- Toolmaking
- Flat/blank layouts
- Shop redesign
- Proof of concept (POC)
- Trial production runs
- Quality approval (PPAP & ISIR)
- Packaging design improvements
- Metal and material fabrication
- Product flow improvements
- Process improvements (Kaizen, Lean, Six Sigma)
- CAPAs and change controls
Examples of eligible industries
- Transportation
- Petroleum and Coal
- Wood, paper and printing
- Machinery
- OEMs
- Food & Beverage
- Textiles
- Electronics
- Chemicals and Plastics
- Pharmaceuticals
- Fabricated Metals
- & more
How we can help
Businesses in the manufacturing sector that develop new or improved products and/or processes are a natural fit to claim the R&D Tax Credit, which rewards companies by providing a dollar-for-dollar tax credit towards their annual tax liability. The R&D Tax Credit can be a game-changing innovation incentive that can help eligible manufacturers innovate and expand their capabilities.
Leyton’s dedicated manufacturing team is motivated to help companies in this sector robustly claim federal and state R&D Tax Credits. Our highly experienced engineers, scientists, tax accountants and attorneys create strong partnerships with each client to ensure maximum financial returns.
How we can help
Businesses in the manufacturing sector that develop new or improved products and/or processes are a natural fit to claim the R&D Tax Credit, which rewards companies by providing a dollar-for-dollar tax credit towards their annual tax liability. The R&D Tax Credit can be a game-changing innovation incentive that can help eligible manufacturers innovate and expand their capabilities.
Leyton’s dedicated manufacturing team is motivated to help companies in this sector robustly claim federal and state R&D Tax Credits. Our highly experienced engineers, scientists, tax accountants and attorneys create strong partnerships with each client to ensure maximum financial returns.
Use our R&D Tax Credit calculator to find out how much you can potentially save
You can save up to:
$
*This is just an estimateGet in touch with us to learn how you can benefit from that
Complete the form to get in touch with a specialist
Meet our Manufacturing team leaders
Brigid Lenihan
R&D Tax Manager
Evangelia Dislaki
R&D Technical Consultant
Jennifer Bolton
Senior Tax Manager
Meet our Manufacturing team leaders
Brigid Lenihan
R&D Tax Manager
Evangelia Dislaki
R&D Technical Consultant
Jennifer Bolton
Senior Tax Manager
Explore insights
Client Testimonial
The group assigned to working on R&D credit made my job as Controller easier. I did have to dig up reports such as prior returns and W-2 statements, etc. However, Leyton worked with a hand full of employees at the company directly and explained what they needed and determined what was worthy of the credit. A very professional report was completed at the end and what I like most is if we are audited Leyton has documented numbers properly. New Castle Systems
HSI engaged Leyton in early 2019 to build a case and establish eligible R&D tax credits, both historically and for the current year. To date, Leyton have proven to be very knowledgeable in all technical areas of the tax laws and have been approachable and responsive whenever called upon. The end document to support the historical claims is comprehensive. We will continue to use Leyton in future years. Director of Finance
Client Testimonial
The group assigned to working on R&D credit made my job as Controller easier. I did have to dig up reports such as prior returns and W-2 statements, etc. However, Leyton worked with a hand full of employees at the company directly and explained what they needed and determined what was worthy of the credit. A very professional report was completed at the end and what I like most is if we are audited Leyton has documented numbers properly. New Castle Systems
HSI engaged Leyton in early 2019 to build a case and establish eligible R&D tax credits, both historically and for the current year. To date, Leyton have proven to be very knowledgeable in all technical areas of the tax laws and have been approachable and responsive whenever called upon. The end document to support the historical claims is comprehensive. We will continue to use Leyton in future years. Director of Finance
Why choose Leyton?
Allow our experience to unleash your potential.
+ 60
Industries Served
+ 20
Years of Experience
+ 100
R&D Tax Credit Experts
Why choose Leyton?
Allow our experience to unleash your potential.
+ 60
Industries Served
+ 20
Years of Experience
+ 100
R&D Tax Credit Experts