How We Can Help the Software Development Industry Save Money
Due to the significant volume of R&D involved in the field, companies in the software and technology industry are excellent candidates to benefit from the substantial R&D tax credit. This industry offers many chances for claiming the tax credits, whether software development is the core of the business or something that was invested in to enhance a service or process. Some software development activities that may qualify are developing new platforms, testing, improving the efficiency of existing code, and programming new features, modules, or enhancements.
With our experienced team at KPT, your company will have the knowledge necessary to support the complex standards required for IRS approval of the R&D Tax Credit claims. Contact us today to get a clear understanding of your situation and how to claim the tax benefits for your software development activities.
Recent Software Development Blog Posts
The software industry is a hub of innovative research and development. Thousands of businesses claim R&D tax credits for their software development projects each year. But did you know that many companies in the field are still missing out on this beneficial tax...