Web-Based Software

Background

The growth curve for this client has been virtually vertical for the last 10 years.

Meeting the need to simplify a very cumbersome, expensive and time consuming contractor pre-qualification process, the client’s “solution” quickly spread to government and multiple industries, including aerospace, manufacturing, energy, food and beverage, pharmaceuticals, oil, gas and utilities.

Software creation and processes are a natural fit for claiming research and development tax credits. However there was management concern that the opportunity to maximize viable state and federal incentives were not being maximized – potential tax savings that would be particularly advantageous for a fast growing company.

Solution

Tax Credit Co. worked with the client to qualify and document eligible projects, then scrutinize records in order to calculate credits based on accepted credit calculation methodologies.

Results

100% approved by taxing authority.