South Jordan, Utah healthcare R&D tax credit firm Dr. Tax Credit, launched Orthodontics R&D tax credit services. The service provides orthodontists with assistance in applying for R&D tax credit.
Dr. Tax Credit, a healthcare-focused research and development tax credit firm located in South Jordan, Utah announced the launch of their Orthodontics R&D tax credit application services. The company specializes in providing healthcare providers with the help they need to claim the R&D tax credit.
More information can be found at https://www.drtaxcredit.com
Orthodontics is one of the most rapidly advancing fields in dentistry today. The newly launched service aims to provide orthodontists with much-needed assistance in applying and claiming their research and development tax credit.
According to Dr. Tax Credit’s experts, Orthodontists who have made changes or have integrated one or more advancements into their practices such as CBCT imaging, clear aligner treatment options, 3D printing for in-house aligners or retainers, novel bracket and wire systems, and more, are eligible for the R&D tax credit.
In 2017, over 100,000 US taxpayers claimed more than 12 billion dollars in federal R&D tax credits. While large Fortune 500 companies account for a significant portion of this, it is important to note that R&D tax credit is not limited to large companies but is open to small and medium-sized companies as well.
The R&D Tax Credit is one of the best opportunities for healthcare businesses such as orthodontic clinics to substantially reduce their tax liability.
With Dr. Tax Credit’s service, they develop detailed tax credit studies to support their orthodontists’ R&D initiatives, communicate with their CPAs, provide all necessary tax forms, come up with strategies for federal and state tax utilization and IRS support if needed.
According to a spokesperson from Dr. Tax Credit, “Founded by dentist and attorney, Benjamin Dyches, Dr. Tax Credit understands care from the clinician viewpoint. We know the industry and we know what to look for and how to support our findings. We support our clients by compiling the documentation and producing the supporting documents that leave the competition in the dust.”
More information about Dr. Tax Credit and their services are available over the phone at +1-888-539-5166 or by visiting the aforementioned website.