Earn up to seven figures in refunds through the R&D Tax Credit

Here are a few activities that qualify SOFTWARE PUBLISHERS:

  • Writing new trading code and researching new methods of automating processes;
  • Creating database schemas and reporting tools;
  • Developing application programming interfaces;
  • Researching new mthids of strategies to implement into existing applications;
  • Analyzing data and discovered patterns, tracking how patterns evolved over time and looking at various predictive models;
  • Developing and implementing new protocols to enhance the existing technology platforms and applications;
  • Developing enhancements for legacy systems and new applications; and
  • Writing and testing new programming algorithms and analyzing predictive data.
ESTIMATE YOUR CREDIT

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Real Results from Real Clients

DATA ANALYTICS COMPANY

Annual Revenue: $55 MM

Credits Earned: $998,500

FINANCIAL MGMT. PLATFORM

Annual Revenue: $123 MM

Credits Earned: $1.3 MM

E-COMMERCE PLATFORM

Annual Revenue: $31 MM

Credits Earned: $2,250,000

Importance of the R&D Tax Credit

The Research and Development (“R&D”) tax credit has continuously evolved since its inception in the 1980s. Introduced to increase the competitiveness of U.S.-based businesses to conduct innovative activities, it has now evolved into one of the largest tax credits offered by the government. The credit has since been made permanent to incentivize companies to hire technical talent and continue innovating.

 

But did you know that R&D tax credits aren’t always associated to beakers and lab coats? In fact, eligible activities extend beyond product development to include daily activities such as consulting, integrating, customizing, or developing software solutions.

How Do the New IRS Updates Affect How the R&D Tax Credit is Claimed?

The new information requirements pertain to the research credit claim’s business components, activities, and costs. For a claim to be valid, taxpayers must do the following:

  • Identify all the business components to which the R&D tax credit can be applied that year;
  • Identify all research activities they’ve conducted and name the individuals who led each research activity, as well as the information each individual sought to discover; and
  • Identify the total qualified employee pay expenditures, total qualified supply expenses, and total qualified contract research expenses for the claim year. You can do this by using Form 6765 (Credit for Increasing Research Activities).

Whitepaper Download

Tech consultants qualify for R&D tax credits: 5 Myths Dispelled

Read this whitepaper to get insights that can directly apply to your business in the Digital Transformation industry.

Hear from our clients

Software Publisher, California
35 Employees

“We could fully rely on alliantgroup’s professional associates to guide us and answer any questions we had. Because of their complete knowledge of the R&D Tax Credit, and their thorough approach to building our analysis, we felt secure filing the numbers they provided.”

Software Publisher, Massachusetts
226 Employees

“The professionals from alliantgroup did an amazing job of walking us through the technical aspects of the credit and why we qualified in a BIG way! The project team was very coordinated and took the burden off my team, allowing us to focus on other things.”

Estimate Your Credit

Calculate Your R&D Tax Credit

In 2021 alone, alliantgroup delivered over $2.3 billion in credits and incentives to over 14,000 businesses. And we do not want to stop here without helping you. Let our experts research and provide information that you need to understand how this credit can genuinely benefit your business

We have created a quiz to help you get a head start on estimating your credit.
Take our short quiz to get an idea of what this benefit can look like for your business today!