Navigating R&D tax credits can be challenging for growing technology companies, especially when internal teams are unsure what qualifies or how to document their activities. ICS completed a research tax study for a ten employee software company. We identified more than $425,000 in federal and state R&D tax credits over a four-year period.

“I had heard there were potential credits available for research and development work, but I was unable to get clarity on how to pursue them. Looking into it myself, the process seemed far too complicated to be worth it. The ICS team broke it down so that I knew exactly what information I needed to compile, which made the process much more manageable. They were knowledgeable, transparent, and overall just great to work with. I’d highly recommend their team to anyone pursuing R&D tax credits.”

Founder, SaaS Company

For companies investing in software development, engineering, product development, process improvements, or other technical initiatives, the R&D Tax Credit can represent a significant opportunity to reduce tax liability and improve cash flow. If your company has not evaluated its potential eligibility, you may be leaving meaningful tax savings on the table.

R&D Tax Credit
The Research and Development tax credit is a Federal tax incentive that rewards taxpayers for increasing investment in U.S.-based research activities. The credit is available to businesses that design, develop, or improve products, processes, techniques, formulas, or software.