R&D Tax Credit Case Study For Architect in Maryland

1 Year Tax Savings: $50,144 (Federal Only)

A research and development tax credit study for this architect in Maryland revealed qualified research expenditures totaling $1,104,980, all of which were paid in wages. By filing for the R&D tax credit, the architect saved $50,144 on first-year federal taxes.

Study Highlights
Wages $1,104,980
Supplies $0
Contract Research $0
Total Qualified Research Expenditures $1,104,980