Forvis Mazars LLP, one of the largest public accounting and consulting firms in the United States, has bolstered the capabilities of its highly experienced Research & Development (R&D) Tax Credit team through the implementation of a suite of AI-powered tools designed to save clients time and effort while boosting both speed and accuracy.
This advancement marks a significant investment in a practice long known for providing an Unmatched Client Experience® to companies of various sizes—from large multinational corporations to small family-owned businesses—seeking to unlock their potential through the benefits of R&D tax incentives. The tax credit landscape has evolved significantly this year, making the services of trusted advisors in the space more essential than ever.
“Our entire process is designed to minimize disruption and maximize impact for clients whose time and resources are increasingly limited,” said Adam Quattlebaum, partner and national leader of the R&D tax credit practice at Forvis Mazars. “These additional investments in AI-powered tools are already driving results as we continue to help clients reinvest in innovation and empower them to drive meaningful change.”
Technology Supported by A Powerful Team Approach
The enhanced suite of tools uses AI-powered systems to help manage client information requests and conduct in-depth R&D tax credit studies with refined accuracy and efficient turnaround time via web-based, end-to-end automation. Clients can benefit from system features that include streamlined workflows, custom surveys, data visualization capabilities, and real-time dashboards for progress tracking. Built-in AI assists with technical documentation, while automated qualified research expense computations and federal/state credit calculations help drive consistency year-over-year.
The platform is powered by software developed by Kipsi and builds on three key elements of the R&D practice at Forvis Mazars, providing clients with a specialized and valuable experience:
- An intellectually diverse team – An experienced team of CPAs, engineers, legal specialists, and data scientists provides a comprehensive approach to each project.
- An executive-led approach – Engagement teams are led by executives with an average of more than 15 years of R&D experience each, and who share a deep personal commitment to client service.
- A proprietary tech stack – The AI tools build on an existing, customized technology designed to help minimize business disruption, automate processes, and improve the client experience.
All of this is underpinned by the firm’s world-class level of client service, as evidenced by its Net Promoter Score® of 84 – more than double the accounting industry average of 38, according to ClearlyRated, a leading, third-party survey service provider.
“We are thrilled to pair our knowledge and experience with powerful new tools that assist with automating and streamlining many of the most challenging aspects of navigating the R&D credit process for our clients,” said Will Stallings, federal tax specialty director with Forvis Mazars.
