Since 2003, McGill, Power, Bell & Associates, LLP has assisted manufacturers in the region to take advantage of the Research and Experimentation (R&E) Tax Credit. MPB identified that recent changes in the tax code significantly liberalized the applicability of the R&E Tax Credit to custom and contract manufacturers in our region, and MPB became a pioneer in the region in educating and assisting manufacturers to take advantage of the R&E Tax Credit.

MPB is the only Northwest Pennsylvania regional accounting firm that directly assists manufacturers with the R&E Tax Credit. Where other regional accounting firms outsource their R&E Tax Credit Services, MPB has trained its dedicated staff to handle the R&E Tax Credit issues and its applicability to the region’s manufacturers directly. To that end, MPB is currently a member of the IRS National Roundtable on R&E Tax Credits where we are in communication with the IRS regarding R&E Tax Credit issues. Also, MPB is a member of the Allinial National Community of Practice on R&E Tax Credits, which gives us valuable insight as to how other qualified firms in the nation are tackling the complex issues involved with the R&E Tax Credit.

Research & Experimentation Tax Credit Team Leaders