Funding the Factory of the Future: R&D Credits and Tariff Recovery for Manufacturers

Funding the Factory of the Future: R&D Credits and Tariff Recovery for Manufacturers

Manufacturers investing in AI, automation, digital transformation, and process improvements may be overlooking valuable opportunities to recover costs through R&D tax credits and tariff recovery programs. This discussion will explore how these programs apply to modern manufacturing operations, what activities may qualify, and how companies can determine whether they have an opportunity worth pursuing. Participants are encouraged to share their own experiences and questions as the group discusses practical examples and common misconceptions.

Discussion Topics1.) What types of engineering, automation, and process improvement activities may qualify for R&D tax credits?2.) How can manufacturers determine whether they have unclaimed R&D opportunities?3.) What is tariff recovery, and how can companies benefit even if they were not the importer of record?4.) What documentation and internal resources are typically needed to evaluate these opportunities?5.) What does the recovery process look like from initial assessment through filing?6.) How can manufacturers identify whether pursuing either opportunity is worth their time?