Most farmers think tax credits are for tech companies and laboratories.
They’re wrong.
The Research & Development tax credit has been around since 1981 — originally built to encourage innovation. Over the decades, it has become more taxpayer-friendly and more accessible… but still incredibly underutilized in agriculture.
In this episode, we talk with Onshore, a tax technology company founded in 2020.
Joining us:
• Tim Taschner – Midwest native who grew up around ADM, now leading agricultural R&D tax credit case studies
• Dominic Vitucci – CEO with a background in accounting and computer science, blending tax expertise with automation
We break down:
• What the R&D tax credit actually is
• The history behind it and how it evolved
• What qualifies in agriculture (farming, livestock, food processing)
• Why testing new hybrids, chemistries, feed strategies, or processes may qualify
• How AI now automates roughly 80% of the documentation process
• What “audit-ready documentation” actually means
• The difference between deductions and credits
• What happens if you haven’t paid taxes yet
• How credits can carry back or forward
• Why cost segregation and 179D deductions also matter
Onshore’s mission is simple:
Turn tax incentives from a confusing compliance burden into a strategic advantage.
Instead of spending weeks building documentation manually, their software integrates with enterprise systems, processes data quickly, and delivers clean, audit-ready support — including free audit defense.
In today’s tight-margin environment, producers and agribusinesses can’t afford to overlook legitimate credits.
If you operate:
• 800+ acres
• Livestock operations
• Food processing
• Agribusiness support companies
• Or any operation testing improvements
This conversation could directly impact your bottom line.
Because the smartest operators don’t just grow crops.
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