SOFTWARE RESEARCH & DEVELOPMENT TAX CREDIT
- Accounting and Financial Software
- Document Management Systems
- Content Management Software
- Enterprise Infrastructure Software
- Claims Processing Software
- Database Management Software
- ERP Software
- Educational Software
- Medical and Healthcare Management Software
- Logistic Management Software
- CRM Software
- Video Games and Game Creation Software
- And More
Maximizing your opportunity for success
Software companies typically have heavy R&D activity. However, there are some limitations based on software use, contract terms and IP rights.
EXAMPLES OF SOFTWARE ACTIVITIES INCLUDE
- Design of software architectures
- Database design
- Regression and unit testing
- Concept development and ideation
- Development of specifications and requirements
- Alpha and beta prototype development and testing
- Developing test cases for functionality and performance analysis
R&D TAX CREDITS IN THE SOFTWARE INDUSTRY
A wide range of roles within a software company contribute to R&D activities, such as software programmers, software analysts, QA testers and support team members.
Software
The software industry’s inherent reliance on innovation and experimentation makes it a clear beneficiary of the research and development tax credit. Many software developers can recover cash simply based on their daily activities, due to the technological nature of programming.
Client A
- Employees: 27
- Revenue: $4,292,000
- Total Credit: $247,000 **
Client B
- Employees: 150
- Revenue: $10,000,000
- Total Credit: $447,000 *
Client C
- Employees: 526
- Revenue: $71,392,400
- Total Credit: $1,092,000 **
Federal Only (*) or Federal & State (**)
THE APEX ADVISORS R&D TAX CREDIT PROCESS
From study to processing
We utilize a comprehensive process that ensures all possible R&D activities are considered and calculated with accuracy. The Preliminary Assessment is provided to companies at no cost. The estimated duration of all phases is 2 to 3 months.