Tax Incentives For Food & Beverage

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Supplement Savings with Tax Incentives

Businesses like yours nourish growth. To encourage your ingenuity, the government offers tax incentives, such as the R&D Tax Credit. Let CTI help nourish your business and capture all your potential tax credits.

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cutlery

New product development, such as gluten-free products

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Shelf life extension methods development

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Designs to comply with new environmental regulations

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Prototype product samples for testing formulations

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New or improved bottling processes

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Software applications developed for internal use

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Manufacturing technology and process improvements

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Packaging and packaging systems development

How Much Businesses Can Save

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New Product
Development

$0M/YR
Avg Annual Revenue
$0K
Total Fed/ State R&D Credits
unused

Improved Recipe Formulation

$0M/YR
Avg Annual Revenue
$0K
Total Fed/ State R&D Credits
Brewery,Worker,Looking,At,Freshly,Made,Beer,In,Glass,Mug

Brewing Process Optimizations

$0M/YR
Avg Annual Revenue
$0K
Total Fed/ State R&D Credits

Types of Incentives

Employment Incentives

In recognition of the jobs and training that employers like you provide, governments offer employment incentives to help you offset payroll taxes, pay for employee training, and tap into new talent pools.

R&D Incentives

Research and development incentives reward businesses of all industries and sizes for technical approaches to problem-solving, promoting innovation and improvement for companies and the economy.

Cost Segregation

Increase cash flow with cost segregation’s accelerated depreciation for real estate assets. If you’ve acquired, remodeled, expanded, or constructed real estate, you can likely benefit from a cost segregation study.

Discretionary Incentives

Take advantage of your business location with discretionary incentives that go beyond standard incentive opportunities. Know where to look and how to negotiate to reap your full financial potential.

WOTC

Maximize the tax savings available to your business for hiring employees. A federal government initiative designed to increase employment opportunities for people who typically experience certain barriers to employment, such as veterans, public assistance recipients, or ex-felons.

Section 179D

A tax deduction that rewards commercial building owners, architects, engineers, and contractors who design buildings with Energy-Efficient Commercial Building Property (EECBP) by providing a federal tax deduction.

How CTI Makes Tax Incentives Easy

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The Challenge

Resource Constraint

A food manufacturer engaged CTI for a R&D study, but due to cutbacks and workload, CTI was limited as to how much time could be spent directly interfacing with staff to learn about operations and the department’s R&D activities.

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Our Solution

Reconstruct Expenses

CTI kept interviews with key staff to a minimum and reconstructed project expenses for wages, supplies, and materials by meticulously reviewing invoices and other documentation. CTI quantified all qualified expenditures and exceeded the original R&D credit estimate.

What Our Clients Are Saying About Us

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Adam Zachs, Director of Compliance

I really liked the audit protection, operating with the knowledge that CTI stands behind its work. Audit protection, personal relationships, and the ease of the step-by-step process…I could not be happier with the results.

The expertise you need to properly leverage lucrative tax credits and incentives.

Reach out to a tax consultant to learn how CTI powers your business for success.