TaxTaker, the leading Research & Development (R&D) Tax Credit Software used by startups has announced a partnership with Gusto, the people platform that helps small businesses take care of their teams, that will make it easier for mutual customers to obtain and maximize R&D tax credits.
TaxTaker helps companies qualify, apply, and secure R&D Tax Credits from the IRS and state taxing authorities. The new Gusto integration further streamlines the process by seamlessly importing and tracking a business’s R&D expenses including eligible projects, personnel, and expenses. With the integration, businesses can easily get their completed tax credit forms that are used by accountants to file for business tax returns without relying on spreadsheets, payroll reports, 1099s and W2 forms.
With Gusto and TaxTaker working together, businesses can start offsetting payroll tax as soon as their tax return is filed, meaning they will no longer have to wait until the next quarter to redeem the credit benefit and can gain access to their funding sooner.
“Gusto is a trusted platform for benefits, payroll, and HR for small businesses and we are thrilled to be partnering with them to make it even easier for our customers to complete their R&D tax study,” said Ari Palmer, CEO of TaxTaker. “This integration will help businesses spend less time and money claiming the benefits of the tax credit and more time focusing on building and running their company.”
“We’re very excited about our partnership with TaxTaker,” said Brian Vu, Business Development & Partnerships at Gusto. This fully integrated solution will help small businesses by removing the complexity of applying for and securing R&D tax credits so they have the funding and peace of mind to do what they do best.”
About Gusto
Gusto is a modern, online people platform that helps small businesses take care of their teams. In addition to full-service payroll, Gusto offers health insurance, 401(k)s, expert HR, employee self-onboarding, and team management tools. The company serves over 100,000 businesses nationwide and has offices in Denver, New York City, and San Francisco.
About TaxTaker
TaxTaker offers startup companies a quick and easy way to claim the R&D tax credit, streamlining the entire claims process from start to finish. To date, TaxTaker has helped businesses claim more than $10 million in tax credits. To learn more about TaxTaker, visit taxtaker.com
