Shipbuilding/Marine

The R&D Tax Credit can provide an immediate source of cash as well as a significant reduction to current and future years’ federal and state tax liabilities.

Case Studies for the Ship and Boat Building and Repair Industry

Marine Transportation & Towing Company

Annual Revenue $100 million

Result

$857,000 in federal r&d tax credits

Case Studies for the Ship and Boat Building and Repair Industry

Manufacturing/Boat Building and Repair Company

Annual Revenue $62 million

Result

$3.4 million in Federal r&d tax credits

Case Studies for the Ship and Boat Building and Repair Industry

Boat Building Company

Annual Revenue $27 million

Result

$157,000 in Federal r&d tax credits