R&D Tax Credit Calculation Example
B2B SaaS Company
6 FT Software engineers
1 US contractor
2023 Payroll = $783,110
Contractor = $45,000
AWS costs = $7,800
R&D Tax Credit $82,240
2024 headcount increases to 10
2024 payroll = $1,321,342
Payroll Taxes = $73,470