R&D Tax Credits for the
Automotive Industry

Refunds are available for companies performing research within the Automotive Industry. The research credit provides dollar-for-dollar cash savings each year for companies performing activities related to the development of new or improved products and processes. These benefits could provide much needed cash to hire additional employees, increase R&D, expand production facilities, etc. Many companies involved with automotive processes are unaware that their efforts within designing and developing their products can yield a large amount of research credits.