How likely are R&D tax credits for your software company?
There are a number of reasons why the software industry is eligible for R&D tax credits:
- Creating and integrating new programs with current internal infrastructure.
- The advancements achieved by independent software developers necessitate fundamental technical improvements.
- Developing one's own custom CRM system in-house.
- Creating complex web-based solutions for business integration and extended functionality.
- Development of online monetary transaction communication systems.
- Making systems for keeping tabs on information.
- Facilitating the recording of animation by creating protocols and procedures.
- System enhancements made possible via architectural research.