Unlock R&D cash from 2022-2024
New federal rules open a limited window for qualified under-$31M businesses to retro-claim R&D deductions and fine-tune their R&D credits for 2022-2024—while restoring full expensing going forward. BTI handles the heavy lift under your brand so Firmlever partners can deliver wins fast.
Exam-ready documentation
Limited retro window
Quick Gut‑Check
If these sound familiar, there's likely money on the table.✔ You build or improve products, software, or processes
✔ You have dev/engineering time, prototypes, or process trials
✔ You skipped credits during 2022-2024 due to Section 174 rules
✔ You want a done-for-you team that delivers under your brand
What changed under the new law?
On July 4, 2025, the One Big Beautiful Bill Act reinstated full expensing for domestic R&D starting in 2025 and created a special retro window for certain small businesses.
Foreign R&D remains capitalized over 15 years; documentation standards and Section 280C interactions still apply.
Full expensing (going forward)
Domestic R&D costs can be deducted in the year incurred for tax years beginning after 12/31/2024.
Improves cash flow and simplifies planning for 2025+.
Credits still stack
The §41R&D credit remains available alongside the deduction.
We optimize 5280C elections to balance the deduction and the credit for maximum after-tax benefit.
Retro relief (small businesses)
Average gross receipts under $31M (3-year lookback; aggregation rules apply).
Amend 2022-2024 returns to expense previously capitalized domestic R&D and adjust related credit elections. Filing window generally through July 2026 (or normal refund statute, if earlier).
White-glove compliance
Exam-ready studies, interviews, and workpaper support delivered under your brand.
Reduce risk while capturing dollars quickly.
Why R&D Credits Matter
Turn your innovation investments into immediate tax benefits
Dollar-for-dollar credit
R&D credits directly reduce tax owed; unused amounts may carry forward.
Immediate deductions
R&D credits directly reduce tax owed; unused amounts may carry forward.
Partner-friendly delivery
R&D credits directly reduce tax owed; unused amounts may carry forward.
How BTl's Retro Refund Sprint works
15-min estimate
1
Roughly size 2022-2024 refunds and 2025+ savings.
Qualify & scope
2
Light interviews and data pull; we confirm documentation
Exam-ready study
3
Narratives, nexus, and calculations; partner-branded.
File & follow-through
4
We prep amended returns/elections and support any questions.
Under - $31M Retro Window
For small-business taxpayers
✔You build or improve products, software, or processes
✔ You have dev/engineering time, prototypes, or process trials
✔ You skipped credits during 2022-2024 due to Section 174 rules
✔ You want a done-for-you team that delivers under your brand
For Firmlever Partners
White-label, low-lift, client-first.
We deliver under your brand, share status in plain English, and provide exam-ready files. Optional co-branding and structured partner economics available.
FAQs
This page is for information purpose only and is not tax advice. Eligibility depends on your specific facts and latest IRS guidance. Consult your tax advisor.
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The 174 deduction (post 2025) lets you expense domestic R&D. The credit reduces tax dollar-for-dollar and can be optimized alongside the deduction via 280C elections to secure both without overlap.
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Businesses with average annual revenues under $31 million can expense research costs and claim the R&D tax credit back to 2022.
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No, the R&D credit is exclusively generated by qualifying domestic research costs.
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There is no generic documentation standard. We work closely with each company to identify what documentation exists and is relevant in supporting their claim.
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The R&D tax credit was intended to be used to support incentivized domestic research. This is something that Congress intended for qualifying businesses to benefit from to promote domestic research.
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It's always worth getting a second look to see if the credit is being optimized.
Ready to bring clients a tangible win?
BTI handles the heavy lift-interviews, documentation, and filings-so you keep the relationship.