About
Onshore is a tax incentive automation platform built for finance teams, CFOs, and business owners who want to maximize R&D credits, 179D energy deductions, and Cost Segregation benefits without the typical burden of months-long engagements. Formerly known as SPRX, the company rebranded following a $31M Series B funding round. The platform uses AI to identify qualifying activities and expenditures, then layers in expert human review to ensure every study is built on contemporaneous evidence — making results repeatable, defensible, and audit-ready. The process is designed to require minimal lift from internal teams while delivering high-quality documentation that stands up to IRS scrutiny. Key capabilities include automated data ingestion and categorization, AI-driven eligibility analysis, structured evidence collection, and end-to-end expert validation. Studies are typically completed in 2–3 weeks, a fraction of the time required by traditional firms. Onshore serves a wide range of industries including engineering, manufacturing, IT, and system integration. It is particularly well-suited for companies that have had poor experiences with opaque or inaccurate tax credit providers, or that want a transparent, scalable process they can rely on year after year. With 500+ companies served and over $600M in tax incentives identified, Onshore has established itself as a trusted partner for finance leaders seeking accuracy, speed, and ownership of their tax credit outcomes.
Key Features
- AI-Powered Credit Identification: Automatically analyzes financial and operational data to identify qualifying R&D, 179D, and Cost Segregation tax incentives with high accuracy.
- Expert Human Review: Every study is reviewed end-to-end by tax specialists who stand behind the results, ensuring defensibility and compliance.
- Contemporaneous Evidence Building: Builds structured, audit-ready documentation from contemporaneous evidence so results are repeatable and defensible year after year.
- Fast Turnaround: Studies are typically completed in 2–3 weeks — significantly faster than traditional firm engagements that can take months.
- Minimal Internal Lift: Designed to require very little time from finance or operations teams, reducing the burden of tax credit studies on internal staff.
Use Cases
- Engineering and manufacturing firms claiming annual R&D tax credits for qualifying product development and process improvement activities.
- Real estate developers and construction companies conducting Cost Segregation studies to accelerate depreciation deductions.
- Building owners and designers unlocking 179D energy efficiency deductions for qualifying commercial building improvements.
- CFOs and finance teams at growth-stage companies establishing a repeatable, multi-year tax credit strategy without burdening internal staff.
- Companies switching from manual or opaque tax credit processes to a transparent, AI-powered system with audit-ready documentation.
Pros
- Significantly Faster Than Traditional Firms: Delivers studies in 2–3 weeks on average, compared to the months-long timelines typical of legacy tax credit providers.
- Defensible, Audit-Ready Results: Evidence-first methodology ensures documentation holds up under IRS scrutiny, giving finance leaders confidence in their claims.
- Low Burden on Internal Teams: The streamlined, well-organized process requires minimal input from company staff, reducing disruption to day-to-day operations.
- Proven at Scale: 500+ companies served and $600M+ in tax incentives identified demonstrates a strong track record across multiple industries.
Cons
- Pricing Not Publicly Listed: Onshore operates as a professional service with custom pricing, which may make it harder for smaller companies to evaluate cost upfront.
- Focused on Specific U.S. Tax Incentives: The platform is purpose-built for R&D credits, 179D, and Cost Seg — companies outside the U.S. or needing other tax services will need additional solutions.
- Requires Engagement with the Onshore Team: Unlike fully self-serve software, the process involves coordination with Onshore experts, which may not suit teams preferring fully autonomous tools.
Frequently Asked Questions
What tax incentives does Onshore support?
Onshore specializes in three types of U.S. tax incentives: R&D (Research & Development) tax credits, 179D energy efficiency deductions, and Cost Segregation studies for real estate and construction.
How long does the process take?
The average turnaround is 2–3 weeks, with some studies completed in as little as 10 days. This is significantly faster than traditional tax credit firms, which often take months.
How is Onshore different from a traditional tax firm?
Onshore uses AI to drive accuracy and speed, combined with human expert review to ensure defensibility. Unlike traditional firms that bill by the hour without guaranteeing outcomes, Onshore builds results on contemporaneous evidence that is owned, repeatable, and audit-ready.
How much effort is required from my internal team?
Very little. Onshore's process is designed to minimize the lift on your finance, engineering, or operations teams. Most clients report that the process is efficient and well-organized with minimal time required from their staff.
Is Onshore suitable for companies that have had bad experiences with other tax credit firms?
Yes — many Onshore clients switched after unsatisfactory experiences with other providers. Onshore's transparent process, AI-driven accuracy, and expert oversight are specifically designed to address common pain points like opacity, inaccuracy, and excessive internal burden.
