Leyton releases tax credit platform

Accounting

International consulting firm Leyton announced the release of REV by Leyton, a digital tax platform aimed at startups and small businesses to help them identify tax credits they might qualify for, starting with R&D and employee retention credits. Other types of credits are expected to be added to the platform at a later date.

The new platform includes:

  • A summary dashboard with account and access claim information;
  • A document center to share relevant payroll, accounting and project documents;
  • A messaging center through a communications portal connected directly with Leyton tax experts; and,
  • Integrations with other payroll, HR and project management applications, which will be able to directly pull data from the platform.

“The IRS instituted tighter controls, new legislation and more paperwork to substantiate R&D and ERC tax claims, making it increasingly difficult for startups and SMBs to take advantage of the program,” said Tom McDanell, senior vice president of REV, in a statement. “By leveraging our new digital technology and our experts on tax law in any number of fields, such as robotics, law, hospitality and health care, REV helps businesses at pivotal points in their development remain competitive and achieve their goals. Our mission is to maximize claims with a seamless, quick process, the unsurpassed expertise of in-house industry professionals, and a concrete audit defense.”

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