Case Study: a ISO-certified manufacturing company achieves a $90,000 R&D tax credit benefit with MGO

a ISO-certified manufacturing company claims $90,000 R&D credit with MGO

The customer, an ISO-certified manufacturing company specializing in high-tolerance machining, faced a significant cash flow challenge due to a new requirement to amortize its research and development expenses. With 96 employees and $11 million in annual revenue, the company needed to maximize its tax savings to support its innovation investments. Vendor MGO leveraged its expertise in the R&D tax credit service to address this challenge.

MGO analyzed the company's R&D activities, accurately documented its $1 million in qualified expenses, and ensured they aligned with the necessary requirements. This approach resulted in a net credit benefit of $90,000 for the client in a single year. This success from MGO strengthened the company's market position by enabling it to reinvest in research, maintain its ISO certification, and improve its long-term competitiveness.