R&D Payroll Tax Credit Calculator

The R&D tax credit is now permanent and for the first time ever, small businesses and start-ups can take advantage of this lucrative tax credit. Estimate your tax savings using our quick, simple R&D Payroll Tax Credit Calculator, then contact us using the form above. One of our R&D experts will contact you right away to begin the process of securing the credit.

Payroll Estimate


Research and Development Tax Credit

The R&D Tax Credit, first enacted in 1981, has been one of the most valuable credits leveraged by companies. Every year, the R&D credit yields billions of dollars in federal and state benefits to companies engaged in qualifying research. Thousands of companies take advantage of the credit across several industries. Some of the common industries that qualify for the R&D tax credit include, but are not limited to:

The Potential Benefits of the R&D Credit

There are several benefits to realizing the R&D tax credit.
These benefits can include the following:

  • Up to 12-16 cents of R&D tax credit for every qualified dollar
  • Dollar-for-dollar reduction in your federal and state income tax liability
  • Increased in earnings-per-share
  • Reduction of your effective tax rate
  • Improved cash flow
  • Credit carried forward up to 20 years
  • Recent regulatory developments make claiming the R&D tax credit for companies much more feasible
  • Look back studies can recognize unclaimed credits for open tax years
    (generally 3 or 4 years)
Who Qualifies?

If your gross receipts are less than $5 million for the taxable year and you did not have gross receipts in the 2016 tax year, you should seriously consider pursuing the R&D Payroll Tax Credit.

What Activities Qualify?

One of the common misconceptions surrounding the R&D tax credit is that participants must wear lab coats and use test tubes in order to qualify for the credit. This could not be further from the truth. In reality, the definition of R&D for tax credit purposes is fairly broad.

How Much Can You Save?

Every year, billions of dollars are given to qualified businesses. It’s time for your small business or start-up to take advantage. Qualified small businesses and start-ups can offset their payroll tax by up to $250,000.

Have Questions? We're here to help.

Our team of experts are well-versed in their respective fields and are able to answer most any question.