Brewery R&D Tax Credits, Demystified

In today's podcast we show how breweries can turn recipe development and process innovation into real cash using the federal R&D tax credit, plus a clear path to claim refunds retroactively. Maggie Crowley and Devin Medrick from Leyton explain the IRS tests, missed opportunities, state add-ons, and energy efficiency deductions.• What the IRS four-part test means for brewing work• Real examples: first-batch runs, recipe changes, process tweaks• Eligible costs: wages at three levels, contractors, supplies• Simple documentation that passes audit standards• Typical credit ranges and three-year lookbacks• State credits that stack with federal benefits• Startup payroll tax offset for young breweries• Recent law changes reversing R&D cost capitalization• 179D and cost segregation for building upgrades• Quick steps: check Form 6765 and ask your head brewerWant to learn how your brewery can unlock R&D tax credits?  Reach out to Maggie Crowley, [email protected] or visit Leyton for more details.Don't forget to sign up for the free brewery financial training newsletter.Today’s episode is brought to you by BevCap. At Beer Business Finance, we talk a lot about installing systems that improve profitability and health insurance should be no exception. BevCap helps beverage companies apply the same discipline they use across the rest of the P&L to employee benefits, helping create smarter plans, more visibility into costs, and significant savings over time. To learn more visit BevCapManagement.com. Ready to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.