Claiming the R&D Tax Credit involves several steps:
1. Documentation: Keep detailed records of all activities, including time spent, materials used, and the nature of the research. 2. Tax Forms: Complete the required tax forms, such as IRS Form 6765 in the United States. 3. Consult Experts: It may be beneficial to consult with a tax professional or business consultant to ensure that you maximize your credit and comply with all regulations.