Future Opening: Lead Tax Credit Navigator

Job description

• Communicate with internal teams, including the sales representative, to guide clients through the Discovery phase of the process where the tax credit is calculated and substantiated.

• Lead technical interviews (‘discovery’ calls) with clients and/or their staff to obtain information about their R&D Activities.

• Communicate with compliance and external council as needed to ensure compliance with IRS Regulations.

• Substantiate in writing the eligibility of a client’s Quality Research Activities (QRA) project for the four-part test used to determine its qualification for the Research and Development (R&D) tax credit.

• Review the tax credit computations and data compiled by the Discovery Analyst for state and federal credits and address any issues or deficiencies.

• Prepare the final numbers for delivery to the client and their CPA

Requirements

• Bachelor's degree in accounting, finance, or a related field or equivalent experience required

• Relevant tax experience typically required

• Professional certifications such as CPA or EA is a plus

• Tax Credit vs. Deduction

• Rather than lowering your taxable income like a deduction, the R&D Tax Credit is a direct reduction of the taxes you owe, based on expenses.

• Businesses can claim the R&D credit retroactively by filing amended returns for any open tax years, which in most cases, is three years.

Our team performs a scientific and technical assessment of potentially eligible projects or ‘initiatives’ you have undertaken at your business. We work directly with your CPA to file the necessary state and federal tax forms and provide you with a written R&D study that defends why your claims are fully substantiated.