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 |