R&D Tax Credit Case Study For A Manufacturer/Machine Shop in Florida

4 Year Tax Savings: $393,098 (Federal Only)

Engineered Tax Services conducted an R&D tax credit evaluation to help this machine shop in Florida uncover $2,060,720 in total qualified research expenditures. This resulted in a four-year federal tax savings of $393,098.

Study Highlights
Wages$1,550,680
Supplies$145,940
Contract Research$364,100
Total Qualified Research Expenditures$2,060,720

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