IndustrySoftware
Number of Employees100 Employees
RevenueEstimated $25M Annually
ServiceR&D Tax Credits
CA Enterprise Zone Tax Credits

BENEFIT AMOUNT

YearsR&D – FederalR&D – StateEZ Credit
2011$37,131$13,698$75,865
2012$36,719$20,950$36,604
2013$23,999$13,497$35,231
2014$61,200$21,594$17,485
Total$159,049$69,739$165,185
Grand Total$393,973

BACKGROUND

  • Full Service IT Consultant for Fortune 1000
  • Developed an information management system that provided real-time performance analysis for banks.
  • This company was recently sold which allowed the owners to use all their accumulated tax credits to minimize the tax burden from the sale of the business.