RIX® Technology provides an exciting opportunity for public accounting firms that want to expand their services to taxpayers seeking R&D tax credits under Federal IRC §41 and State Research Tax Credit programs (which are widely available).
Utilizing RIX® Technology you can provide clients with an exceptional quality of service and a great value for services provided in this specialty area, while retaining a high level of participation to optimize their client’s tax planning. RIX® Technology offers many advantages to the public accounting practice.
The RIX® Technology utilized an IRS approved system for web-based documentation of Research Tax Credits that has been in use by a major U.S. corporation under a formal IRS Research Credit Recordkeeping Agreement since 2006.
RIX® (for Resource Information Xchange) is an interactive, web-based information management system that provides easy-to-use, activity-based information requests, facilitates uploading and storage of relevant contemporaneous documentation, and streamlines the review & analysis of information gathered. The primary functions of the application provide an interactive Research Credit knowledge exchange for the taxpayer; allow remote reporting of Research Credit data by the taxpayer; analyze, test and document qualified activity and financial information; and facilitate remote Research Credit review by IRS. RIX® Technology provides a valuable conduit for the client to ask real-world questions and evaluate the credit worthiness of individual activities or projects to maximize tax credits. It is a great system that was proven very successful in its initial implementation.
For detailed information contact: info@rixtechnology.com or 206.855.1700
