3 Year Tax Savings: $690,751 (Federal and State)
By commissioning a research and development tax credit study, stakeholders for this software developer in California uncovered a total of $4,531,822 in qualified research expenditures. This allowed them to obtain valuable R&D tax credits, saving them $610,404 on first-year state and federal taxes.
Study Highlights | |
Wages | $2,055,064 |
Total Qualified Research Expenditures | $2,055,064 |