R&D Tax Incentives For

Software and Technology Industries

Research and development incentives are available to companies in the software and technology industries. Although some businesses are aware of the incentives, they may only qualify the programmers or code developers. Additional groups and individuals participate in activities that qualify for the incentives.

If your business operates in the software or technology space, there is a strong chance the incentives are available to you. The iterative nature of developing applications, systems, and software can qualify for lucrative federal and state incentives. If a company develops for internal use or external use, they are eligible and your business should evaluate the opportunity. TTG will help evaluate your activities and expenses to help you take full advantage of the incentives available.

Qualifying Activities Include:

  • Creating, evaluating, determining specifications or requirements
  • Developing the architecture
  • Establishing and creating interfaces within the solution
  • Developing code or programming to achieve results
  • Creating new or improved technology
  • Testing or performing analysis to ensure functionality
  • Performance testing
  • Developing improvements to solutions, systems, or software
Case Study #1
  • Industry: Software Development
  • Revenue: $3,000,000 to $10,000,000
  • Annual Federal Qualified Expenses: $350,000
  • Annual Federal Credit: $25,000
Case Study #2
  • Industry: Software Development
  • Revenue: $25,000,000 to $50,000,000
  • Annual Federal Qualified Expenses: $3,000,000
  • Annual Federal Credit: $180,000

Estimate your Credit

Take a moment to complete the form below and allow us to estimate the amount of credits your company may be entitled to.