Tax Incentives For Software Development

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Solve for Growth with R&D Tax Credits

Innovation powers the economy. Government rewards you for it with tax incentives. CTI has the expertise and proven process for capturing all the tax credits you deserve.

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code

Database architecture and optimization programming

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UI/UX engineering, prototyping, and wire framing

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Functional specifications development and evaluation

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Programming for FTPs, REST, API, SEO, and more functions

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Data science and algorithm modeling

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Code or algorithm development for improved functionality

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Application enhancements and capabilities development

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Emerging tech development such as AI or voice search

How Much Businesses Can Save

Game-Building Engine Development

$0M/YR
Avg Annual Revenue
$0M
Total Fed/ State R&D Credits
Digital,Transformation,Concept.,System,Engineering.,Binary,Code.,Programming.

Scalable Content Management

$0M/YR
Avg Annual Revenue
$0M
Total Fed/ State R&D Credits
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Hardware Applications for Video

$0M/YR
Avg Annual Revenue
$0K
Total Fed/ State R&D Credits

Types of Incentives

Employment Incentives

In recognition of the jobs and training that employers like you provide, governments offer employment incentives to help you offset payroll taxes, pay for employee training, and tap into new talent pools.

R&D Incentives

Research and development incentives reward businesses of all industries and sizes for technical approaches to problem-solving, promoting innovation and improvement for companies and the economy.

Cost Segregation

Increase cash flow with cost segregation’s accelerated depreciation for real estate assets. If you’ve acquired, remodeled, expanded, or constructed real estate, you can likely benefit from a cost segregation study.

Discretionary Incentives

Take advantage of your business location with discretionary incentives that go beyond standard incentive opportunities. Know where to look and how to negotiate to reap your full financial potential.

WOTC

Maximize the tax savings available to your business for hiring employees. A federal government initiative designed to increase employment opportunities for people who typically experience certain barriers to employment, such as veterans, public assistance recipients, or ex-felons.

Section 179D

A tax deduction that rewards commercial building owners, architects, engineers, and contractors who design buildings with Energy-Efficient Commercial Building Property (EECBP) by providing a federal tax deduction.

How CTI Makes Tax Incentives Easy

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The Challenge

Determining Qualified Wages

Knowing they could claim R&D tax credits for the time employees devoted to software research and development, a small and growing telecom business struggled to accurately and thoroughly quantify the eligible wages for the various staff involved in the company’s software development activities.

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Our Solution

Detailed Feasibility Review

CTI’s team of specialists meticulously examined the company’s potential for qualified R&D activities and expenses related to software projects. They then went beyond core software engineers to also identify qualified wages for direct support personnel, high-level executives, and third-party contractors. CTI’s credit estimate was $375,000 higher than expected.

What Our Clients Are Saying About Us

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Adam Zachs, Director of Compliance

I really liked the audit protection, operating with the knowledge that CTI stands behind its work. Audit protection, personal relationships, and the ease of the step-by-step process…I could not be happier with the results.

The expertise you need to properly leverage lucrative tax credits and incentives.

Reach out to a tax consultant to learn how CTI powers your business for success.