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SOFTWARE

RESEARCH AND DEVELOPMENT TAX INCENTIVES FOR THE SOFTWARE INDUSTRY

Many companies that develop software and technology are unaware that the government offers generous research and development (R&D) incentive programs. And, those that are aware often fail to capture the full extent of tax credits for R&D to which they are entitled. For example, many companies may be capturing relevant expenses from their programming cost centers, but not all qualifying R&D activities take place in traditional programming departments. Additionally, many companies do not consider the aforementioned incentives because they may not develop software that is considered groundbreaking in the industry. If you think that you need to have developed groundbreaking software platforms for Fortune 500 software companies in order to be conducting qualified activities as defined by the Internal Revenue Code, think again. If your company develops software applications in any industry, there is a strong chance that you could benefit from an R&D Tax Credit study. Let incentAdvise software experts help you claim the credits that you deserve!

Examples of activities and innovations eligible for R&D tax incentives include the following:​

  • Accounting and Financial Software

  • Enterprise Infrastructure Software

  • ERP Software

  • Digital Asset Management Systems

  • Logistics Management Software

  • Document Management Systems

  • Claims Processing Software

  • Geographic Information System

  • Educational Software

  • Time and Resource Management Software

  • CRM Software

  • Content Management Software

  • Database Management Systems

  • Analytical Software

  • Distribution Management Software

  • Video Games and Game Creation Software

  • Food Software

  • Software Drivers

  • Marketing Software

  • Firmware

  • Medical and Healthcare Management Software

  • Developing new or improved technologies

  • Conducting requirements, domain, software elements, or scope analysis for a new functional software enhancement

  • Evaluating and establishing functional specifications

  • Designing and developing the structural software

  • Establishing electronic interfaces and functional relationships between various software modules

  • Programming software source code

  • Compiling and testing source code

  • Conducting unit, integration, functional, performance, and regression testing

additional software industries:

​​

distribution

& Logistics

internal

use

incentAdvise SOFTWARE Specialization Team-

 

In order to better serve software firms, incentAdvise has developed an Industry Specialization Program that focuses on the qualification and quantification of R&D tax benefits for companies operating in the software industry. incentAdvise Software Specialization Team employs several individuals who have educational backgrounds and practical experience within the disciplines of software and design. incentAdvise has qualified and quantified credits for firms ranging from small startup firms to large, multi-national Software firms.

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