Tag Archives: Software development

Software Development can be taxing…for the right reasons!

Brady Bryan, CEO

Annually, we have the pleasure to speak to dozens (if not hundreds) of CFO’s and CEO’s of software companies. Many are purely in the software development space, while others are performing software development in furtherance of another core business like financial services. Most are surprised to know that both federal and state research and development (“R&D”) tax credits may apply to their company. In fact, the Internal Revenue Service (“IRS”) states that “software design is inherently iterative,” and thus may qualify for the R&D tax credit. So, where does your company stand? Continue reading Software Development can be taxing…for the right reasons!