Does My Business Qualify for the R&D Tax Credit?

The R&D Tax Credit isn’t just for ultra high-tech startupsmany expenses that you may not think would qualify as R&D are, in fact, eligible for the credit. Businesses that often qualify for the R&D tax credit include:
  • App Development
  • Material Science
  • Biotech Producers
  • Device Manufacturers
  • Software Developers
  • Web Publishers
  • Medical and Pharmacology
  • Life Sciences
  • And many others

New in 2017, qualified small businesses can use their credit to offset payroll tax. A qualified small business must have:

  • Less than $5 million in gross revenue in the credit year.
  • No gross receipts for any year preceding the five-year period ending with the credit year.

Qualified small businesses can:

  • Claim up to $250,000 R&D tax credit against their payroll taxes each year.
  • Claim the credit every year they qualify!

Even companies that are not qualified small businesses can receive an income tax credit related to R&D activities. To learn more and begin filing, contact us at (614) 928-3354 or

Calculate Your Credit Now

Use our simple calculator to see if you qualify for the new payroll offset, and if so, by how much.