Information Technology and Telecommunication companies may be eligible for R&D tax credits for performing qualified research activities. For example, the following activities may be eligible for R&D tax credits:
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Performing technical research including requirements, domain, software elements, or scope analysis for new features / functional software enhancement(s)
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Developing new or improved technologies
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Developing programming, compiling, and testing software source code
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Developing new and/or improved nanotechnology and cyber-physical systems
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Developing and/or testing of prototypes through model simulations.
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Designing enhancements to improve increasing scale networks
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Designing and developing the structural software architecture
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Designing electronic interfaces and functional relationships between various software modules
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Evaluating and establishing functional specifications
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Evaluating unit, integration, functional, performance, and regression testing
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Validation testing and/or evaluation of cybersecurity and information protection assurance.
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Developing and/or improving existing software program(s) for commercialization and third-party licensing may include the following examples:
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Accounting & Financial Software; Enterprise Infrastructure / ERP Software; Digital Asset / Content / Database Management Systems; Logistics / Distribution Management Software; Document Management Systems; Claims Processing Software; Location Monitoring Systems; Educational Software; Time & Resource Tracking Software; CRM Software; Analytical Software; Video Game Development Software; Food & Beverage Analysis Software; Software Drivers; Marketing / Sales Software; Firmware; and Healthcare Management Software
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