R&D Tax Credit Case Study for Engineer in Mississippi

1 Year Tax Savings: $28,231 (Federal Only)

Located in Mississippi, this engineer conducted research qualifying for the federal R&D tax credit. Engineered Tax Services helped document $239,097 of eligible expenditures, resulting in a tax savings of $28,231.

Study Highlights
Wages $232,923
Supplies $8,532
Contract Research $51,642
Total Qualified Research Expenditures $293,097