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R&D Credit Calculator

How much money could come back to your practice with an R&D tax credit? 

Your practice could benefit by using the R&D Tax Credit to offset payroll as well as income taxes. Too many practices and healthcare companies are leaving this money on the table.

Let us help you make it easy to get the cash you deserve.

Tax Credit Considerations

What is the R&D tax credit worth?

For most practices and healthcare businesses, the credit is worth 7-16% of qualified research expenses. This is a dollar-for-dollar credit against taxes owed. Plus, it carries forward 20 years. 

What expenses qualify for the research and development tax credit?

Eligible expenses for the R&D tax credit include U.S.-based wages, contracting, supplies, and some equipment. Wages are typically the largest qualified expense. All expenses must be associated with a qualified project.

What kinds of projects are qualified for the R&D tax credit?

The definition of a qualified project is quite broad. Many practices perform activities that qualify for the R&D tax credit without realizing it. If you do anything technology-based, improve it, and provide it to patients, you probably qualify.

R&D Tax Calculation Qualifiers
Have you been in business for less than 5 years?
Did you earn under $5 million in revenue last year?

How much did you spend on the development or innovation of your procedures or technology last year?