Each month we run a structured close of your R&D records across three reviews, so your credit is captured as the work happens and your annual study is already built.
Request a Complimentary AssessmentYour accounting team closes the books every month to stay accurate and current. Your R&D credit deserves the same discipline. The Monthly R&D Close applies that rhythm to research activity, capturing the work, the people, the costs, and the evidence while they are still fresh.
The result is a continuously maintained record. When the annual analysis begins, the facts are already organized and reconciled, rather than reconstructed from memory.
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.
Twelve months of small, organized steps replace one year-end scramble. The annual study becomes a transcription of a record that already exists.