Question 1

What healthcare activities qualify for R&D tax credits?

Accepted Answer

Qualifying healthcare activities include developing new treatment protocols, improving medical procedures, enhancing patient care systems, medical device improvements, telemedicine innovations, and other activities that advance medical knowledge or improve patient outcomes.

Question 2

Do all types of medical practices benefit from R&D credits?

Accepted Answer

Most medical practices that engage in innovation, whether developing new treatment approaches, improving patient care protocols, or implementing new medical technologies, can potentially benefit from R&D credits.

Question 3

How much can healthcare professionals save with tax strategies?

Accepted Answer

Tax savings vary based on individual circumstances, but our healthcare clients typically see significant reductions in their tax liability through strategic R&D credits and other tax planning approaches.