RIX Technology July Webinars on Research Tax Credit

July 9, 2010 - PRLog -- Seattle, Washington USA – RIX® Technology, LLC announces two webinars (online seminars) scheduled for July 14 and July 29, 2010 demonstrating their new RIX® (Resource Information Xchange) online technology for tracking and documenting research and development activity, specifically for procuring Federal and State Research Tax Credits.

Both webinars will begin at 10 am PST, and will include a 20 minute presentation, a 20 minute demonstration of the RIX® online technology, followed by a question and answer period. RIX® experts will demonstrate the online system and discuss the exclusive RIX® online process for capturing R&D activity contemporaneously, and their unique preliminary audit methodology for insuring all QREs are recorded and properly supported with complete documentation.

The webinars are an interactive seminar in which participants learn:
   How RIX® is implemented and used to track and record R&D activity,
   The measurable benefits of this new technology,
   Why the IRS approved RIX® in a formal Research Credit Record Keeping Agreement,
   How RIX® Technology changes the way companies capture and manage such records
   How RIX® simplifies the IRS review process,
   How RIX® reduces cost by up to 50%, expands your research tax credit, and increases the retained credit on review.

At the end of the presentation there is a Question and Answer period with RIX® Technology, LLC, founder and CEO, Rick Humphrey. All participants have time to ask questions specifically relating to their research credits, how the regulations affect them, how RIX® will specifically benefit their company, and the latest developments in the Research Tax Credit code.

The Webinar is designed for public and privately held companies who have applied for Research Tax Credits in the past, and for those who have never applied for Research Tax Credits. Interested parties should include principals of privately held companies, V.P. of Tax or Finance, CFO, Tax Director, R&D Director, Production Manager or other management personnel seeking to keep up-to-date on the newest technology for documenting Research Tax Credits, or wishing to discuss real-world questions about Federal and State Research Tax Credits specific to your company. Relevant industries include all companies engaged in the improvement of product or production processes, with activity (development or production) in the USA.

The webinar is free to approved participants. A schedule of RIX® webinars and registration information can be found online at http://rixtechnology.com/webinars/index.asp, or by visiting www.rixtechnology.com and clicking on “View Schedule” under the RIX® Technology Webinar heading.

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About RIX® Technology LLC was formed in 2005 specifically to promote RIX (Resource Information Xchange). The founding partner is associated with The Miller Group, LLC which has specialized in Federal and State Research Tax Credits since 1992.

RIX® combines new online software technology with an IRS approved methodology for documenting, reviewing, and verifying R&D documentation, in real-time. It allows companies to abandon the traditional costly and disruptive, year-end interview and reconstruction process that has been done since 1981, and replaces it with a real-time recording process that usually takes only fifteen minutes per month per reporter.

RIX® allows an unlimited number of divisions, groups, or individuals, to upload reports and documents monthly, at the time they are performing their work. RIX® also provides an immediate review process to ensure all reports are complete, including required documentation.