
R&D Tax Credit Case Study – Manufacturing
Project Summary.
A materials engineering company was tasked with developing a proprietary elastomer compound for an industrial sealing application where standard EPDM and silicone formulations could not maintain dimensional stability and compression set resistance at sustained operating temperatures above 300°F.
By applying for the R&D Tax Credit, and satisfying the four-part test, this company was able to attain a Total State Credit of $324,601 and a Total Federal Credit of $730,341.
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