Accessing incentives, grants, and tax credits can significantly reduce your effective tax rate and fund growth without adding debt or diluting ownership. The challenge is that federal, state, provincial, and industry programs all have different rules, timelines, and documentation standards that change regularly.
At TYM Business Consulting, we help companies in the United States and Canada identify, quantify, and file for incentives. Our CPA-led team focuses on programs that are material, defensible, and aligned with how your business actually operates. That includes tax credits, clean-energy incentives, and non-dilutive grants that can support hiring, R&D, and capital projects.
We take a structured approach to incentives and credits, from opportunity mapping through to documentation and audit readiness.
For a product company with operations in the U.S. and Canada, we combined R&D tax credits, SR&ED, and a targeted grant application, which produced a six-figure benefit over two years and helped fund a major development initiative without additional borrowing.
Essential accounting for small businesses with clean books and monthly reports
2 Financial Accounts
Up to 100 Monthly Transactions
Transaction Categorization Review
Monthly Financial Statements
Advanced bookkeeping, built for growing companies with more transaction volume
Up to 4 Financial Accounts
Up to 300 Monthly Transactions
Full-Cycle Bookkeeping Service
AR/AP Processing (up to 50/month)
Premium Email & Phone Support
Full-service accounting for scaling businesses, with AR/AP oversight and dedicated support
Up to 6 Financial Accounts
Up to 500 Monthly Transactions
AR/AP Processing (up to 100/month)
Monthly Cash Flow Forecast
Dedicated Bookkeeping Specialist
Used correctly, incentives and credits are not a one-time windfall. They become an ongoing part of your funding and tax strategy. They can offset the cost of building new products, entering new markets, hiring key talent, or investing in energy efficient facilities. When they are approached informally or opportunistically, companies either leave money on the table or expose themselves to risk through inconsistent or under-documented claims.
Our approach is to treat incentives as a structured, recurring workstream that connects tax, finance, and operations. That starts with an honest assessment of what is realistic, given your industry, footprint, and pipeline of projects. We then align potential incentives with your financial statements, tax filings, and internal reporting so that claimed amounts can be traced back to underlying records.
Incentives and grants also interact with broader planning. Decisions about where to locate teams, how to structure legal entities, and how to schedule capital expenditures can all affect eligibility and timelines. Our role is to help you see incentives in context rather than chasing every available program. That way, you can use tax credits and grants to support the strategy you already have, rather than building strategy around incentives.
We keep the process straightforward and transparent, with clear roles on both sides.
1. Initial review and opportunity mapping
We begin with a focused review of your current and recent activities, including R&D, hiring, training, capital projects, and energy related investments. We map these against federal, state, provincial, and selected industry programs in the U.S. and Canada, and identify which opportunities are realistic to pursue in the near term.
2. Eligibility and quantification
Next, we confirm eligibility criteria and outline what data is needed to support potential claims or applications. This may include payroll records, project lists, time-tracking data, invoices, and technical descriptions. We then estimate potential benefits by program and by year, so you understand what is at stake before committing internal resources.
3. Filing, documentation, and interaction with authorities
Once there is agreement on scope, we support the preparation of filings, claim forms, and grant applications. That includes drafting or reviewing technical narratives, aligning data with tax returns or financial statements, and preparing supporting schedules. Where questions arise from tax authorities or program administrators, we help respond in a clear, consistent manner.
4. Ongoing calendar and program management
Incentives and grants have their own timelines and renewal cycles. We help you move from a reactive, ad hoc approach to a predictable calendar that covers annual credits such as R&D and SR&ED, as well as one-off grant opportunities. As your business evolves, we adjust the plan to reflect new projects, locations, and funding needs, rather than treating each claim as a stand-alone exercise.
Companies that work with us are usually not trying to capture every possible program. They want a disciplined approach that balances benefit with risk, documentation, and internal workload.
If you want to use incentives, grants, and tax credits as a deliberate part of your funding and tax strategy, rather than treating them as occasional one-off wins, a structured, CPA-led approach can help.
Every company’s situation is different, from industry and project pipeline to jurisdictions and growth plans. If you would like to explore how we can support your incentives and tax credit strategy in a practical, ongoing way, we are ready to start with a focused conversation.
Whether you're a startup, an established business, or somewhere in between, we understand that every situation is unique. Let’s explore tailored packages or custom services that align with your goals and budget.
