RSM McGladrey and Axiom Solutions have signed an agreement to offer research and development tax credit services to companies.
The two are aiming at the upper end of middle-market companies. The R&D credit has become increasingly attractive to various types of businesses, especially in the manufacturing, technology and engineering industries.
Last year, in an effort to close the tax gap, the IRS increased the scrutiny of tax claims by large and midsized businesses. RSM McGladrey and Axiom have strengthened their offerings and personnel in response.
The RSM McGladrey team contains more than 60 R&D professional specialists, including accountants, tax attorneys, consultants and former IRS employees. Axiom's R&D business comprises more than 45 accountants, engineers and tax attorneys. The two companies will perform joint consulting engagements and work together on targeted marketing efforts.
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