Software development – Applications for the R&D tax credit

Simply put, many software companies are either not aware of R&D tax credit program, do not see themselves as eligible, or believe only a select portion of their activities qualify as R&D. A common misconception pervasive throughout the industry is that only new, industry-expanding inventions can be claimed, when in reality nearly every phase of a software product includes qualified R&D activities that fulfill all necessary criteria. If you want to know the R&D qualifying activities for software development , download the white paper