News Summary

National Tax Group has launched TaxDrone.AI, an AI-powered platform designed to transform the process of claiming research and development (R&D) tax credits. This no-cost platform aims to simplify the identification, calculation, and documentation of qualifying R&D activities, offering a streamlined solution that reduces audit risks and maximizes tax credits for businesses. Developed without external funding, TaxDrone.AI provides AI-driven precision in analyzing activities and calculating expenses, generates IRS-compliant audit-ready reports, and offers seamless integration with financial systems. It is especially beneficial for startups, as it is tailored to meet their specific needs with no upfront costs. The platform’s introduction highlights the significant economic impact of R&D credits, which support thousands of jobs and can reduce tax liabilities by 12-16% of qualified expenses.