With a streamlined, scalable solution for identifying qualified research expenses, we empowered this client to take advantage of a benefit previously out of reach.
Our clients say:
“When you’re a startup – every dollar spent is scrutinized. TCC found an affordable way to set up a repeatable process that we can bring in-house.”
The Background
This fast-growing ecommerce startup developed a unique software platform helping buyers identify counterfeit products. Despite investing heavily in software development, the client was not taxable, and therefore could not currently utilize an R&D credit. They were also ineligible for the R&D payroll tax offset. Realizing they would be profitable in the near future, the client sought TCC’s assistance in implementing an in-house process the company could use to calculate its R&D credits going forward.
TCC Approach
Technical and Industry Expertise:
- TCC deployed a cross-functional team of R&D specialists and members from its in-house software development team to design a documentation process supported by TCC’s automated time allocation technology.
Proprietary Technology:
- We helped the company deploy an automated time allocation tool that could survey and capture engineering hours throughout the year. A custom dashboard was also developed to track key study metrics and ensure a comprehensive and defensible in-house study.
Collaboration:
- In providing on-site training for the client’s engineering team, we delivered insight into best practices and tutorials for identifying qualified projects and activities.
