Examples
Research and Development Tax Credit Examples (Endeavor clients)
Below are a few examples of Research and Development tax credits from a handful of Endeavor Advisors clients:
E-Commerce Website
Revenue $30M
Federal Credit $225,000
Qualifying Activities: Coding, Optimization of features and functions, QA
Qualifying Personnel: Project Managers, Developers, Software Engineers, CTO
Systems Integrator
Revenue $10M
Federal & State Credits $140,000
Qualifying Activities: Development of Software Interfaces, Optimization of System Communication Through Software and Hardware Nodes, Software Development, QA
Qualifying Personnel: Network Engineers, Project Managers, Sys Admins, Developers
App Developer
Revenue $3M
Federal Credit $65,000
Qualifying Activities: Coding, Evaluation/Testing of Alternative Features, QA
Qualifying Personnel: Project Managers, Engineers, Developers
Contract Manufacturer
Revenue $80M
Credit $900,000
Qualifying Activities: Metalforming, CAD design, Programming Logic Controls and CNC
Qualifying Personnel: Floor Managers, Project Managers, Machinists
Aerospace Manufacturer
Revenue $30M
Credit $250,000
Qualifying Activities: CNC Machining, Prototyping, First Run Articles, Quality Assurance
Qualifying Personnel: Project Managers, Senior Machinists, QA Lead
Job Shop
Revenue $11M
Credit $130,000
Qualifying Activities: Prototyping, First Run Articles, CAD design
Qualifying Personnel: Project Managers, Production Specialists
Agricultural Co-Op
Revenue 175M
Federal & State Credit $300,000
Qualifying Activities: Implementation of new irrigation systems, genetic experimentation for disease and climate resistance
Qualifying Personnel: Agronomists, Agricultural Engineers
Poultry Farm
Revenue $80M
Federal Credit $50,000
Qualifying Activities: Experimenting with feed & lighting regimens to maximize growth and yield, improvement of processing lines for increased efficiency, implementation of new packing conveyor systems
Qualifying Personnel: Process Lead, Engineers, Floor Managers
Dairy Farm
Revenue $9M
Federal & State Credit $65,000
Qualifying Activities: Experimentation with feed regimens to increase yield, implementation of new processing lines, implementation of new refrigeration and pasteurization systems
Qualifying Personnel: Process Engineers, Foreman
Structural Engineer
Revenue $60M
Federal Credit $210,000
Qualifying Activities: Designing master plans, CAD modeling
Qualifying Personnel: Lead Engineers, Staff Engineers, Design Team
Architect
Revenue $13M
Federal & State Credit $91,000
Qualifying Activities: Developing design drawings, CAD modeling
Qualifying Personnel: Architect, Team Lead, CEO/Owner (Licensed Architect)
Architect
Revenue $3M
Federal & State Credit $55,000
Qualifying Activities: Drafting site drawings, CAD modeling
Qualifying Personnel: Lead Architect, President (Licensed Architect)
National Winery
Revenue $90M
Federal & State Credit $190,000
Qualifying Activities: Evaluation of flavor profiles, inclusion of novel ingredients, improving efficiency in bottling and packaging lines
Qualifying Personnel: Winemaker, Lead Sommelier
Regional Distillery
Revenue $30M
Federal Credit $150,000
Qualifying Activities: Inclusion of novel ingredients, test/pilot batches, evaluating alternative distilling techniques for production efficiency
Qualifying Personnel: Head Distiller, Production Distillers, Project Manager
Craft Brewery
Revenue $5M
Federal & State Credit $35,000
Qualifying Activities: Optimizing fermentation process, utilization of various yeast strains, development of seasonal offerings, implementation of new labeling processes
Qualifying Personnel: Brewmaster/ Owner, Production Lead
This page was last updated by Steven Jefferies
Common R&D States:
Georgia Research and Development tax credit
Maryland R&D tax credit
New Hampshire R&D tax credit
Illinois Research and Development tax credit
California Research and Development tax credit
Michigan Research and Development tax credit
Texas R&D tax credit
Virginia R&D tax credit
Arizona R&D tax credit
Ohio Research and Development tax credit
Pennsylvania Research and Development tax credit
New Jersey Research and Development tax credit
Massachusetts Research and Development tax credit
Louisiana Research and Development tax credit
Information Pages:
When can you claim R&D tax credit
Tips to Avoiding Identity Theft on Your Taxes and Finances
Tax deductions vs Tax credits
Research and development tax credit limitation
R&D tax credit reform
How to claim R&D tax credit
R&D credit calculation
An Overview of Patents, Trademarks, and Copyrights
R&D tax credit offset payroll taxes
R&D tax credit carryforward
Who is eligible for R&D tax credits
U.S. Government for Students: Understanding Taxes!
More Resources:
When did R&D tax credits start
R&D tax credits example
How does R&D tax credit work
What qualifies for R&D tax credit
Historical Research and Development of Aviation
IRC Section 41 tax credit
R&D tax credit changes 2015-2022
All About Business Ethics
What is R&D tax credit
Small business R&D tax credits
R and D tax credit
R&D tax credit form 6765
R&D tax credit costs
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