For Businesses

Turn your credit into
payroll tax savings.

For qualified small businesses electing the payroll offset, we prepare and reconcile the credit against your quarterly payroll filings, coordinated with your payroll provider.

Check Your Eligibility
Why It Matters

The payroll offset is real cash, if handled right.

A qualified small business can apply the R&D credit against employer payroll taxes, up to $500,000 per year, which is real cash for a company that is not yet profitable. But the offset must be elected on Form 6765, claimed on Form 8974, and reconciled each quarter against the payroll tax return.

Novaric manages the mechanics end to end and coordinates with your existing payroll provider, so the benefit actually reaches your account.

What’s Included

Comprehensive, and done properly.

Eligibility & election

  • Qualified small business eligibility review
  • Gross-receipts and age tests
  • Payroll-offset election support
  • Coordination with the annual analysis

Quarterly reconciliation

  • Form 6765 and Form 8974 preparation support
  • Reconciliation to the payroll tax return
  • Coordination with your payroll provider
  • Carryforward tracking and documentation
Deliverable: Payroll credit reconciliation schedules and quarterly coordination.

Costs tracked during the year are potential R&D expenses, not Qualified Research Expenses, until qualification is completed in the annual R&D analysis based on the taxpayer’s facts and applicable requirements. Novaric does not guarantee eligibility, credit amounts, or any IRS outcome.

The Payoff

Cash flow, not a future tax asset.

For an early-stage company, a credit you can use now beats one carried forward for years. We make sure the offset is claimed and reconciled correctly.

Let’s see if this fits.

Check Your Eligibility