1 Year Tax Savings: $91,427 (Federal Only)
This specialty manufacturer in Florida hired Engineered Tax Services to conduct an R&D tax credit evaluation. We found that $1,351,873 of expenditures they made on wages, rental computers and contract research qualified them for a valuable tax credit. This saved them $91,427 on their federal taxes.
Study Highlights | |
Wages | $649,335 |
Supplies | $0 |
Rental or lease of computers | $60,476 |
Contract Research | $642,062 |
Total Qualified Research Expenditures | $1,351,873 |