R&D Tax Credit Case Study For Specialty Manufacturer in Florida

1 Year Tax Savings: $91,427 (Federal Only)

This specialty manufacturer in Florida hired Engineered Tax Services to conduct an R&D tax credit evaluation. We found that $1,351,873 of expenditures they made on wages, rental computers and contract research qualified them for a valuable tax credit. This saved them $91,427 on their federal taxes.

Study Highlights
Wages $649,335
Supplies $0
Rental or lease of computers $60,476
Contract Research $642,062
Total Qualified Research Expenditures $1,351,873