R&D TAX CREDITS FOR SOFTWARE DEVELOPERS

Software developers often do not realize that they are eligible for the Research & Development (R&D) tax credit. The R&D tax credit allows companies to realize tax savings, increase cash flow and stay competitive in the marketplace. Many of the qualifying activities are considered day-to-day operations for these companies. However, software developers are typically very good candidates for this incentive. 

The benefits can be significant and are efficient to realize through our services. The R&D tax credit can provide a hidden but immediate source of cash for software developers from prior years, plus a significant reduction to current and future years’ federal and state tax liabilities.

Typical Qualifying Activities | R&D Tax Credits For Software Developers

  • Designing and developing the structural software architecture
  • Programming software source code
  • Establishing electronic interfaces and functional relationships between various software modules
  • Conducting requirements, domain, software elements, or scope analysis for a new functional software enhancement
  • Evaluating and establishing functional specifications
  • Conducting unit, integration, functional, performance, and regression testing
  • Compiling and testing source code
  • Develop ing new or improved technologies

We have a dedicated team providing R&D tax credit services to software developers and have assisted in over $300 million in federal and state R&D tax credit claims across the country.

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