Companies that attempt to develop or improve software in the U.S. are eligible for federal and state research & development (R&D) tax credits that can equal 15 percent or more of their qualified spending.
Even startup companies not currently paying taxes can benefit from these credits, and you don’t have to be creating new architectures or programming languages to qualify. As the U.S. Tax Court recently stated, “routine” software development can qualify.
Is your company eligible?
Please join us on September 23 to find out! BDO’s R&D tax credit consultants will answer any questions you have, and discuss what qualifies. You will learn what startup and high-growth companies should know about the R&D tax credit to make sure you’re not missing out on this opportunity to generate cash from investments you’ve already made and plan to make.
In addition, we will highlight other critical issues facing software development companies such as:
- Equity compensation (for example, the use of profits interest)
- Corporate stock investment incentives (Section 1202)
- International trip wires to be wary of (for instance, foreign owners and foreign investments)
Complimentary beverages and snacks will be provided.