For the Accountant

RIX® Technology provides an exciting opportunity for public accounting firms that want to expand their services to taxpayers seeking R&D tax credits under Federal IRC §41 and State Research Tax Credit programs (which are widely available).

Utilizing RIX® Technology you can provide clients with an exceptional quality of service and a great value for services provided in this specialty area, while retaining a high level of participation to optimize their client’s tax planning. RIX® Technology offers many advantages to the public accounting practice.

RIX® Technology Benefits for the Accounting Firm

  • More competitive fee structure with increased value.
  • Long term contracts.
  • Increased client participation.
  • Improved continuity of documentation.
  • Greater durability of credits under review (leading to improved client relations).
  • Improved utilization of Research Credit resources (personnel).
  • Opportunity for expanded services (i.e. Management Metrics, IP control) with RIX® technology.
  • Competitive Advantage.
  • Greater credibility with IRS.

The RIX® Technology utilized an IRS approved system for web-based documentation of Research Tax Credits that has been in use by a major U.S. corporation under a formal IRS Research Credit Recordkeeping Agreement since 2006.

RIX® (for Resource Information Xchange) is an interactive, web-based information management system that provides easy-to-use, activity-based information requests, facilitates uploading and storage of relevant contemporaneous documentation, and streamlines the review & analysis of information gathered. The primary functions of the application provide an interactive Research Credit knowledge exchange for the taxpayer; allow remote reporting of Research Credit data by the taxpayer; analyze, test and document qualified activity and financial information; and facilitate remote Research Credit review by IRS. RIX® Technology provides a valuable conduit for the client to ask real-world questions and evaluate the credit worthiness of individual activities or projects to maximize tax credits. It is a great system that was proven very successful in its initial implementation.

For detailed information contact: info@rixtechnology.com or 206.855.1700

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