Case Study: a $10-billion-valuation manufacturing corporation achieves audit-ready R&D tax credits with Neo.Tax

a $10-billion-valuation manufacturing corporation cuts R&D surveys from 350 to 30 with Neo.Tax

A $10-billion-valuation manufacturing corporation with over 30,000 employees faced a significant challenge in modernizing its R&D tax credit process. The Tax Director, Alice, found the existing questionnaire-based method lacked the robust, audit-ready documentation she required. She sought a solution from the vendor Neo.Tax to create a more substantiated credit that could withstand an IRS audit.

Neo.Tax implemented its AI-powered solution, which integrated directly with the company's project management and operational data instead of relying on surveys. This approach generated a detailed, over-200-page study with project write-ups, drastically reducing the need for engineering interviews from 350 to just 30. The results provided the company with audit-ready documentation and a clearer strategic view of its R&D expenditures, saving valuable time for executives and engineers while building confidence in the tax credit.