I recently looked at mainstreet for our startup. Was already aware of R&D credit and just curious because an ad came up for them.
This is the form   
Long story short the if a person chooses the simplified box (1 bool), there's really only 1 box that needs to be filled out (total eligible spend), and it's a fairly simple calculation. Once per year. Literally 5-10 minutes of work or less. Per year.So basically their whole business model is around a form with 1 line to fill out. Like really.... Come on? Other then that it's some kind of "pay day loan" service? Or oddly specific insurance policy for part of tax return? (And that doesn't make sense since it sounds like the IRS will wait years to actually audit these, at which point statistically mainstreet will be out of business)?What am I missing?
Has the bar lowered this much for startups that this "one box wonder" is worth 3M funding?