Product Development Cosmetic Industry
In brief
The R&D Tax Credit offers a direct reduction to companies’ prior, current, and future federal and state income tax liabilities.
Specifically, the R&D Tax Credit aims to reward a wide variety of American businesses that engage in qualified research activities per IRS criteria
Eligible cosmetic product development activities
Including, but not limited to:
- Development of product formulations
- Analysis of raw materials and ingredient percentages
- Engineering and design of product packaging
- Testing of prototype formulations
- Product compatibility and stability testing
- Prototype manufacturing and fabrication
Eligible cosmetic product development expenses
Including, but not limited to:
Employee Wages
- Development of product formulations
- Analysis of raw materials and ingredient percentages
- Engineering and design of product packaging
- Testing of prototype formulations
- Product compatibility and stability testing
- Prototype manufacturing and fabrication
Supplies
- Chemical Compounds
- Ingredients
- Formulations
- Testing Material
Subcontractors
- Outside testing
Why choose EPSA USA?
EPSA USA helps companies of all sizes take full advantage of the Research & Development Tax Credit. EPSA’s technical experts follow strict IRS guidelines and identify qualified research expenditures that dictate eligibility.
We work hand-in-hand with our clients to offer tailored solutions to maximize your R&D Tax Credits. Our streamlined process is efficient, fast and guaranteed to optimize your tax benefits.
With 30 offices in 15 countries and over 300 experts in various domains, EPSA possesses precise technical and scientific knowledge spanning all types of industries.
Our Services
Discover our EPSA USA expertise!
Contact