How much can I expect to get in R&D Tax Credits every year?

The R&D Tax Credit is a comparative credit, which means that it will depend on the difference between current year qualified research expenses (QREs) and the base amount (calculated using prior year gross receipts and/or expenses). The more research expenses a company incurs year over year, the greater the tax credit will be. Typically, a company can expect a benefit of 7-10% of the federal QREs and another 2-12% in state credits (depending on the state). 

To get a better idea of your company's potential R&D Tax Credit, use our Tax Calculator, or better yet, contact one of our R&D Tax Credit experts.