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