Technologycredit

Technology Credit was founded by a former Ernst & Young (EY) R&D tax consulting specialist with over a decade of experience in the field. The company was established with the mission to provide startups with high-quality R&D tax credit services at a more accessible price point compared to larger consulting firms.

The core of Technology Credit's offering is a web application that automates the process of claiming Research and Development (R&D) tax credits. This platform is specifically designed for startups and aims to help them maximize their tax incentives, which can be used to offset payroll tax liabilities. The service simplifies the complex process of R&D tax credit studies through a web-based exercise that helps companies determine their eligibility based on IRC Code Section 41.

In addition to its primary R&D tax credit services, Technology Credit also provides an AI-powered DIY bookkeeping tool for pre-A startups. This tool allows users to manage and access all their financial and tax documents in one place, ensuring they never miss an important tax deadline. The company's fee structure is designed to be cash-flow friendly for startups, helping them to extend their financial runway.

Keywords: R&D tax credit, startups, payroll tax offset, tax incentives, financial technology, bookkeeping, tax compliance, automation, AI-powered, tax services.