Total number of Tax Incentives we have successfully helped our clients claim $892,832,194.24

Energy Industries - BRAYN Consulting LLC


DID YOU KNOW?

PETROLEUM PUMP MANUFACTURING CASE STUDY

 

                                                 ITEM           AVERAGE ANNUAL AMOUNT      
Gross Revenues $ 200,000,000
Total Payroll $ 3,500,000
Qualified Research Expenses (QREs) $ 700,000
Net Federal Credits $ 55,000
Net State Credits $ 25,000
       TOTAL NET FEDERAL AND STATE CREDITS           $ 80,000
4-YEAR STUDY 3 STATES $ 295,000

 

QUALIFYING ACTIVITIES

 

◾ Designing New or Improved Refinery Plants & Processes

◾ Developing New or Improved Extraction Processes & Techniques

◾ Designing and Testing on Offshore Rigs and Structures

◾ Developing New or Improved Drilling Mud Formulations

◾ Improving Refinery Yield and Minimizing Scrap & Waste

◾ Designing and Manufacturing First Article Drill Bits, Pumps, and Other Equipment