As part of our new R&D Solution Portal, we’ve created a brand new white paper that you may find of use. The extensive paper covers an overview of how R&D tax claims work. We cover something we call the “Triangle Audit” which describes how most government tax agencies go about doing an audit of Research and Development tax claims. There is a section on how TimeControl timesheets work in an R&D setting and even instructions…
The HMS Software TimeControl timesheet system has been used for years by organizations that must meet exacting standards for Research and Development tax credit audits. R&D tax credits are offered all over the world including the US, Canada, the UK, Australia and throughout the EU. These programs are designed by governments to provide incentive for organizations to do innovative work within their jurisdiction and they’ve proven to be highly effective. The programs can return millions…