R&D Tax Credit Case Study for Software Developer in Florida

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