Metadata for R&D tax credit documentation
Documenting R&D-credit activities is a tedious and time-consuming task, often requiring a complicated look-back assessment. Our augmented calendar offers a simple solution to that inefficiency.
The versatility of Metadata
It’s easy to customize metadata classes and field labels for different purposes. A calendar can accommodate multiple R&D projects.
Customized and standardized for R&D tax credit documentation
To comply with the R&D credit requirements, for example, we edited the metadata to satisfy three critical needs: R&D lifecycle, organizational characteristics, and the official, contemporaneous record-keeping requirements. We named this particular adaptation TESSA.
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