The Manufacturer’s Guide to R&D Tax Credits: How Do Manufacturers Qualify and What Changed Under the OBBB


The R&D Tax Credit is a tax credit that businesses can claim for qualified U.S. research and development spending - things like developing or improving products, processes, formulas, or software.

However, navigating the R&D credit landscape is not without its hurdles. Challenges include identifying qualifying activities on the shop floor, managing the rigorous documentation required for audits, and integrating tax strategy into broader business development goals.

This webinar will review the current updates and opportunities with the R&D tax credit for the manufacturing sector. Our experts will also discuss strategic approaches to identifying high-value opportunities because of the OBBB.

Our Speakers



 

Tim Parrish 250
Tim Parrish
 
CEO
 

Sagemont
 
Matt Davenport 250
Matt Davenport

 

Director of R&D Tax Credit Services

Sagemont



 


Tim Parrish
CEO
Sagemont
Tim Parrish is the CEO of Sagemont and a licensed attorney. Prior to joining Sagemont, Tim co-led the tax credits practice at Ernst & Young LLP, where he advised companies of all sizes on complex tax savings opportunities and served as a member of EY’s National Tax practice. His work has helped put billions of dollars back into the hands of both small businesses and large enterprises. In addition to client advisory work, Tim is deeply engaged in tax policy and industry leadership. He currently serves as President of the HIRE Coalition and was the Chair of the Institute for Professionals in Taxation’s 2025 Credits & Incentives Symposium.

Matt Davenport
Director of R&D Tax Credit Services
Sagemont
Matt Davenport is the Director of R&D Tax Credit Services at Sagemont. As the leader of the Sagemont’s R&D Tax Credit practice, Matt specializes in helping businesses identify, quantify, and substantiate complex tax credit and incentive opportunities that drive innovation and enhance financial performance. He previously served as Director of Tax Credits & Incentives at Omega Accounting Solutions where he led the R&D Tax Credit and Tax Controversy Services divisions.
In his role at Sagemont, Matt applies deep technical expertise in federal and state tax regulations to guide clients through the intricacies of the R&D Tax Credit, delivering strategic insights, documentation support, and audit defense. Over his career, Matt has successfully led thousands of R&D tax credit engagements, helping organizations across industries maximize benefits, support compliance, and unlock long-term value.

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