R&D Tax Credit Calculator

How much money did you spend last year on the development of your innovative product or process?

SALARIES of US based employees:
COST of 3rd party US based contractors:
COST of disposable supplies used during the process:

How much is an R&D Tax Credit typically worth?

For most companies, the credit is worth 7-10% of qualified research expenses on the federal level. Your state may also provide an additional tax credit which increases your overall benefit.

Which expenses qualify towards the R&D Tax Credit calculation?

US based wages, third party contractors and supplies that were incurred in the development process are eligible for inclusion in the calculation to determine a company’s R&D benefit.

What types of activities qualify for the R&D Tax Credit?

If your business is spending money to create a new product or process or improve upon an existing product or process, then you will likely qualify for an R&D Tax Credit.