Patient and Dentist

Dental

R&D Tax Credits

Stats At A Glance

$1.25 M

Potential immediate benefit to start-ups using the R&D payroll tax offset

$30k-$60k

Average yearly federal credit for general and specialty dental practices

55%

Average percentage of qualified expenses for an endodontist

Dentistry and specialty dental practices are driven by research and development (R&D). New products in the form of bonding agents, cements and others, new devices from intraoral scanners to 3D printers, and new techniques arrive without significant clinical guidelines. Care based on any of these new additions requires development of proprietary delivery processes and clinical evaluations to assess whether outcomes satisfy your goals.

This need for continuous experimentation and innovation makes dentistry primed to receive large tax incentives through the R&D Tax Credit. In addition to the federal credit, many states offer tax breaks. Pre-revenue companies and start-ups with less than five years of revenue can use the federal R&D tax credits to offset future payroll taxes.

The following industries have claimed significant R&D tax credits and received additional capital to reinvest into their workforce, infrastructure, and continued innovation:

Orthodontists

Endodontists

Oral Surgeons

General Dentists

Periodontists

Prosthodontists

Example activities that qualify:

  • Designing (or improving) dental care processes that are new to your practice.

  • Developing in house milling labs

  • Developing 3D printing labs

  • Utilizing new equipment, such as CBCT, lasers, and endodontic instruments


Unsure of whether your projects qualify? The innovative care you have been working on may be eligible for significant tax breaks. Dr. Tax Credit, LLC employs tax experts with years of experience in R&D Tax Credits. We work on a success-based fee structure enabling businesses in the aerospace and defense industries to claim R&D credits/refunds with minimal out-of-pocket costs. We offer audit protection and a money-back guarantee. Contact one of our experts today.

The R&D Tax Credit was created to incentivize companies across multiple industries to keep high-tech jobs in the United States. Companies can claim employee wages, supplies & raw materials, computer rental costs, and third-party contractor expenditures incurred throughout the R&D process. Current law permits companies to amend prior year tax returns (going back three years), offering additional financial benefits from tax refunds. If you cannot use the R&D credits immediately, the IRS allows taxpayers to carry credits forward up to 20 years.

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