R&D Tax Credit: Healthcare
Research and development is the number one focus in the healthcare industry. Healthcare services, products, and treatments require continuous innovation to treat new diseases and illnesses. The delivery of healthcare treatments are constantly further improving in order to detect, diagnose, monitor and treat new illnesses and diseases. As a result, the world of healthcare is changing rapidly due to innovation and technology.
Examples of Eligible R&D activities:
Expenditures can include wages, eligible materials and software, apportioned utility and eligible third party costs.
Braithwaite can assist you in obtaining tax credits for research and development activities. Whether your work involves basic research, applied research, or experimental development, Braithwaite can take the uncertainty out of the filing process and get you the credit you deserve for your innovation.