UPCOMING LIVE WEBINAR

The R&S Tax Credit in the Textile, Clothing, and Footwear Sector

Date and Time: There are no webinars running at this time

R&D Tax Credits: 80% of eligible companies do not claim them! Every year, companies waste thousands or even hundreds of thousands of dollars due to simple misunderstandings about the Research and Development (R&D) tax credit. Amended claims can go back three years and in most cases generate substantial refunds for past R&D activities.

Date and Time: Thursday, October 2, 2030 at 1:00 PM CT | Duration: 60 Minutes

WEBINAR DETAILS

Title: The R&S Tax Credit in the Textile, Clothing, and Footwear Sector

Date: There are no webinars running at this time

Time: There are no webinars running at this time

Cost: FREE

Learning objectives include:

  • An overview of R&D Tax Credits
  • Identifying Qualifying Research Activities
  • Defining the 4-Part Test
  • How to substantiate activities through documentation
  • Identifying Qualifying Research Expenses

Knowledge Level: Basic*
Date: Thursday, October 2, 2030
Time: 1:00 PM – 2:00 PM Central Time


What we do?

Are You Elegible?

Pass an audit?


Our Difference

  1. We care about price – Our fees are the most competitive in the market.
  2. We care about risk – We are one of the most conservative, if not the most conservative, R&D tax credit providers in the market.
  3. We are here to stay – We are one of the largest specialist R&D tax credit firms in America. We exclusively provide R&D tax credit services and take a long-term view.
  4. We think we are the best – We do one thing, and we do it better than anyone else because it is the only thing we do.

Founded in 1984

Cybersecurity Accredited

ISO 27001 Final Logo (2)

Risk Management Accredited

iso 31000 risk management certification stamp vector

Framework Element Description Implication for clients
Six-Eye Review A mandatory internal review of every claim by a qualified engineer, a scientist, and a CPA (Certified Public Accountant) or Enrolled Agent. Ensures the claim is technically valid, financially accurate, and compliant with tax law, maximizing its defensibility.
ISO 31000:2009 (Risk Management) An international certification for the company’s comprehensive risk management policies and processes. Provides objective third-party validation of the company’s commitment to mitigating client tax risk.
ISO 27001 (Information Security) A global standard benchmark for creating and maintaining an information security management system (ISMS). Ensures the highest level of protection for sensitive intellectual property and confidential financial data.

Small businesses in the Textile, Apparel, and Footwear sector can significantly benefit from the R&D tax credit by offsetting costs associated with developing new materials, improving manufacturing processes, or designing innovative products. Activities such as testing new fabrics, optimizing production lines, or creating sustainable solutions are eligible. Fundamentally, the R&D tax credit payroll offset for startups allows qualified businesses to apply the credit against their payroll tax liability, providing a valuable cash boost, particularly for early-stage companies, even if they are not yet profitable. This frees up capital to reinvest in further innovation and growth.


Deadline Calculator

Research Grants

Choose your industry


Clothing and Footwear Case Study

Companies in the textile and footwear sector are at the forefront of innovation, constantly investing in new products and processes to remain competitive and meet evolving consumer needs. The Research and Development (R&D) Tax Credit offers a powerful incentive for these businesses to foster groundbreaking advancements while significantly reducing their tax burden. For this industry, eligible R&D activities may include developing advanced fabrics with enhanced durability or performance, creating new coating formulations to improve wear and weather resistance, or designing footwear and apparel with optimized functionality for various environments and conditions. These innovations not only improve product quality and customer satisfaction but also help companies streamline production, reduce waste, and achieve sustainability goals. By leveraging R&D tax credits, textile and footwear companies can reinvest savings into further research, accelerate product development cycles, and maintain a strong competitive edge in both domestic and international markets. This financial support empowers companies of all sizes—from established manufacturers to emerging designers—to bring their innovative ideas to market more efficiently. Ultimately, the R&D tax credit represents a vital tool that drives growth, encourages technological progress, and strengthens the industry’s capacity to adapt to future challenges.





Choose your industry

Agriculture, Farming and Fishing

agriculture2

Pulsante generato

Automotive

Automotive

Pulsante generato

Aviation

Aviation

Pulsante generato

Biotechnology

Pulsante generato

Building and Construction

Pulsante generato

Robotics and Engineering

code-820275_960_720

Pulsante generato

Fabrication

Pulsante generato

Film and Media

Pulsante generato

Food and Beverage

Pulsante generato

Lean Manufacturing

Pulsante generato

Machine Tool and Die

Pulsante generato

Manufacturing

Pulsante generato

Maritime and Boating

Pulsante generato

Mining

Pulsante generato

Natural Medicine

Pulsante generato

Oil and Gas

Oil drilling

Pulsante generato

Pharmaceuticals and Life Sciences

Pulsante generato

Real Estate Development

Pulsante generato

Software & Artificial Intelligence

Pulsante generato

Textile, Clothing and Footwear

textiles

Pulsante generato

Theme Parks

Pulsante generato

Transportation

Pulsante generato

Water Conservation

Pulsante generato

Zoo and Wildlife

Pulsante generato


Choose your Region