Boast: R&D Tax Credit Software
Boast helps companies with R&D operations identify and claim tax credits. It is designed for startups and mid-market teams that want to reduce manual effort when tracking research activities.
At a glance
- Category
- Finance & Accounting
- Best for
- Startups, Small and medium-sized businesses, Mid-market companies, Companies with R&D operations
- Pricing
- Boast uses a success-fee model, typically charging between 15% and 25% of the credits secured.
- Key use cases
- Identifying qualifying R&D activities, Preparing audit documentation, Allocating research expenses
- Integrations
- JIRA, GitHub, QuickBooks, NetSuite, ADP
- Official website
- boast.ai
Boast is a platform designed to help businesses in the United States identify and claim federal and state R&D tax credits. It combines machine learning algorithms with technical and tax expertise to identify qualifying research activities and expenses within a company's product development cycle.
The software is intended for companies with active R&D operations, ranging from early-stage startups to mid-market firms. It helps these organizations manage the documentation needed for tax claims and provides a digital audit binder to support the process if tax authorities request verification.
Buyers should note that the platform uses a success-based fee model, meaning the cost is tied to the amount of credits secured. It integrates with several development and accounting tools to pull in activity data.
Key Features
Uses machine learning to identify qualifying research activities and expenses throughout the development cycle.
Supports the allocation of research time across federal and state jurisdictions.
Generates documentation and digital audit binders to support claims during tax audits.
Provides a secure area to manage R&D tax credit documentation and track claim progress.
Designed to handle federal Section 41 credits and various state-level incentives.
Use Cases
Using AI to scan product development work to find activities that may qualify for tax credits.
Creating organized worklogs and documentation to support a claim during an IRS or state audit.
Distributing R&D time and expenses across different state and federal tax jurisdictions.
Best For
Integrations
Pricing
Boast uses a success-fee model, typically charging between 15% and 25% of the credits secured.
FAQ
Boast uses a success-based fee model, typically charging 15–25% of the credits secured for the client.
Boast provides a digital audit binder and represents the client during the audit process to defend the claimed credits.
Boast integrates with JIRA, GitHub, QuickBooks, NetSuite, and ADP to help identify qualifying activities and expenses.
Source category: Finance & Accounting
Source subcategory: Tax Software
