Who qualifies for the Research & Development (R&D) tax credit?

Businesses that design new products, improve processes, or develop innovative solutions may qualify for the R&D tax credit. Expenses such as wages, supplies, and testing often qualify.

How does the Work Opportunity Tax Credit (WOTC) benefit employers?

The Work Opportunity Tax Credit provides businesses with incentives for hiring individuals from certain target groups, such as veterans and long-term unemployed workers, reducing overall tax liability.

What is the Fuel Tax Credit and who can claim it?

The Fuel Tax Credit allows businesses to recover federal excise taxes paid on fuel used for off-road equipment, machinery, and certain agricultural uses, lowering operational costs.

Can Berman Hopkins help identify which credits apply to my business?

Yes. Our team analyzes your operations, documents qualifying activities, and ensures compliance so your business maximizes all available federal and state tax credits.

Tax Credits & Incentives

Clarity, Compliance, and Confidence
in Every Tax Season

In today’s complex tax environment, businesses face increasing challenges and risks. Our comprehensive tax services help you maximize credits, deductions, and incentives while staying fully compliant. From managing filings to projecting future liabilities, we provide precise, actionable guidance tailored to your business.

Our team meets with you year-round to develop strategies that keep your business ahead of regulatory changes. By combining expertise across tax, administration, and IT, we deliver solutions that optimize efficiency, strengthen internal controls, and support long-term growth. Our goal is to provide timely, cost-effective services that empower confident financial decisions.

Tax Credits & Incentives

Research & Development Credit

If your business is innovating—whether by developing new products, enhancing existing processes, or creating internal software solutions—you may qualify for valuable tax incentives. This credit rewards activities that drive growth and innovation, helping businesses offset costs associated with research and development while reinvesting in future projects. The Research & Development Credit is a powerful tool for companies across industries.

Three-Step Approach

We remain dedicated to supporting your financial growth and long-term planning. Our tax team provides strategic guidance tailored to your unique financial goals, helping you navigate complex tax regulations with confidence. We proactively identify opportunities, optimize your tax strategies, and simplify the process—all while minimizing liabilities and ensuring compliance. By partnering with us, you gain a trusted advisor focused on protecting your wealth, enhancing financial efficiency, and empowering you to achieve both short- and long-term objectives.

Plan

We begin by understanding your goals and circumstances, then design the most tax-efficient strategies to minimize risks and maximize opportunities.

Perform

We implement tailored tax strategies that reduce liabilities, capture available credits and deductions, and align with your long-term objectives.

Report

We provide clear insights and expert guidance to keep your plan on track, ensuring ongoing compliance and lasting financial stability.

When We Say Experts,
We Mean Experts.

We have a dedicated team of professionals that has the in-depth experience, knowledge, and skill to bring new ideas and solutions to help you find long-term success. Below is a list of accredited affiliations and associations our tax team work with on a regular basis.