Initial R&D Credit Savings Exceed $500,000 at $7M-$12.5M Tool and Die Manufacturer
Primary Activities: Company manufactures custom machine parts and tooling.
Tool & Die Manufacturer Qualifying Activities for R&D Credit
Qualified expenses include custom design, value engineering, custom tooling, product development, process improvement, LEAN initiatives and 3D modeling.
R&D Tax Credit Strategy Total Impact
3 Year QREs Identified : $13,159,371
Estimated Annual – Forward – $3,000,000 – $4,500,000
Total Initial Tax Impact = $500,000+ in tax savings
Estimated Annual – Forward = $75,000 – $125,000 annual tax savings
10:1 ROI
