Crowe R&D Navigator

Federal recordkeeping requirements for qualified research expenses (QREs) can be detailed, sometimes vague, and interpretation is prone to change. Detailed documentation is required to claim tax credits for research and development (R&D) expenses. In addition, IRS auditors might request documentation years later, when people who originally worked on filing the claim might retain only a vague recollection of qualifying activities, or may have moved on to other positions or workplaces. Some tools have been promoted in recent years, but are they the right fit with the appropriate flexibility and at the right price point? Do they meet the unique needs of your organization?