Tag: Software Development

R&D Tax Credits: A Windfall for the Software and Gaming Industries

This is the first in a series of articles about how research and development (R&D) tax credits are a tax-intelligent strategy that can be applied to a wide variety of industries.  In this article, we’ll delve into how the software and gaming industries are prime candidates for taking advantage of R&D tax credits. The IRS offers R&D tax credits

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Internally Developed Software Tax Treatment: Claiming the R&D Tax Credit for Internal Use Software

The Research and Development (R&D) Tax Credit is a permanent federal tax incentive intended to stimulate innovation, technical design and manufacturing within the U.S. Many taxpayers associate these valuable tax credits with work conducted by a scientist or engineer. However, over the years, the IRS has expanded the incentive to include other industries and services,

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Software Enabling Companies to Interact with Third-Parties

People don’t typically think of software enabling companies when they think of banks, retailers, brokers, insurance companies, hedge funds, and financial service companies. However, many of these companies have large IT departments that are developing software for their own operations. That development can qualify for a very significant tax incentive – the Research and Development

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