R&D TAX CREDITS
Turning Everyday Problem-Solving into Meaningful Tax Savings
Most qualifying activities are already happening - they just haven’t been properly identified or supported
Since 2017, BAY has identified over $1B in tax credits and deductions
Most firms focus on compliance.
We focus on uncovering tax advantages embedded in your operations.
Most qualifying activities are already happening
They simply haven’t been properly identified or supported.
The R&D tax credit remains one of the most underutilized opportunities in the code—largely because it requires a level of technical analysis and documentation that most firms do not provide.
At BAY, we take a structured, engineering-driven approach to identifying and substantiating R&D credit opportunities. The objective is not simply to claim a credit, but to ensure it is accurate, fully supported, and built to hold.
Our team of R&D-focused CPAs and tax attorneys work exclusively on R&D credits, helping businesses identify and capture value that is often overlooked or underclaimed.
Our work is detailed, defensible, and built for annual repetition that provides long-term value.
This often translates into meaningful, recurring tax savings.
That’s where we come in.
The Results:
Often translates into meaningful recurring tax savings.
Research & Development Tax Credits
Turn innovation into measurable tax savings.
An R&D tax credit study identifies and substantiates qualifying research activities and related expenses under federal and applicable state guidelines.
These credits are designed to reward businesses investing in innovation - but eligibility is often broader than expected. In many cases, routine business improvements and internal development efforts may qualify.
We help clients identify qualifying activities across product development, process improvements, and technical problem-solving efforts.
Recent legislative changes have materially increased the value of the R&D tax credit.
The passage of the OBBBA has restored the ability to immediately expense research and development costs, reversing the prior requirement to amortize those expenses over multiple years.
For many businesses, this shift significantly accelerates the timing of the benefit—transforming what was previously a deferred deduction into a meaningful, current-year, permanent tax reduction.
In addition, the ability to retroactively apply these changes to prior years has created a limited window to recover missed value, particularly for 2022 through 2024.
For companies actively investing in development, the R&D credit has once again become a core component of tax strategy - both for current planning and for capturing prior-year opportunities.
WHO QUALIFIES?
If you Innovate, you may qualify.
Despite the name, the R&D credit isn’t limited to scientists in lab coats. Many types of businesses can qualify based on activities they do on a daily basis. We've helped clients in industries such as:
Manufacturing
Improving processes, design, tools, or production methods.
Software & Tech
Developing, Improving or integrating software, platforms, or systems.
Life Sciences
Advancing products, formulations, or therapeutics.
Engineering & Design
Solving technical challenges to improve function or performance.
And Many More
Credit Documentation & Defense
Support every position. Not just the claim.
Claiming a credit is only part of the process - properly supporting it is what ensures it holds.
We build detailed documentation that aligns technical activities with financial data, ensuring each claim is fully substantiated and defensible.
We help clients:
Document qualifying activities and technical processes
Align payroll, expenses, and project data
Prepare support for IRS or state-level review
Strengthen positions for long-term compliance
This is especially important for businesses claiming credits at scale or looking to reduce audit risk.
Don’t let taxes be your largest line item
If your business is investing in growth, innovation, or improvement, there may be credits available - they just haven’t been fully identified or supported.