1 Year Tax Savings: $75,871 (Federal and State)
Through the course of an R&D tax credit evaluation, this software developer in Florida found $1,283,163 in total qualified research expenditures. They successfully claimed research and development tax credits, which saved them $75,871 on federal and state taxes.
| Study Highlights | |
| Wages | $1,164,055 |
| Supplies | $0 |
| Rental or lease of computers | $40,680 |
| Contract Research | $78,428 |
| Total Qualified Research Expenditures | $1,283,163 |
