Industries

Contact Info

Corporate Headquarters

10620 Southern Highlands Parkway Suite 110-473 Las Vegas, NV 89141

Payment Remittance

PO Box 735017, Dallas, TX 75373-5017

DID YOU KNOW?

Certain product development and process improvement activities performed by manufacturing companies may qualify for sizable federal and state R&D tax credits.

BRAYN’s expertise includes industry standard tracking and job costing software, which provides for efficient cost analysis and excellent substantiation.

The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

MANUFACTURING CASE STUDY

ITEM	AVERAGE ANNUAL AMOUNT
Gross Revenues	$ 15,000,000
Total Payroll	$ 5,600,000
Qualified Research Expenses (QREs)	$ 1,100,000
Net Federal Credits	$ 72,000
Net State Credits	$ 12,000
TOTAL NET FEDERAL AND STATE CREDITS	$ 84,000

ITEM

AVERAGE ANNUAL AMOUNT

Gross Revenues

$ 15,000,000

Total Payroll

$ 5,600,000

Qualified Research Expenses (QREs)

$ 1,100,000

Net Federal Credits

$ 72,000

Net State Credits

$ 12,000

TOTAL NET FEDERAL AND STATE CREDITS

$ 84,000

QUALIFYING ACTIVITIES

◾ Product Design & Testing

◾ First-Article Runs

◾ CNC Programming

◾ Tooling Development

◾ Equipment Development

◾ Process Design & Development

◾ Quality Assurance

BRAYN Consulting LLC is a niche consulting firm that empowers your business through specialty tax incentives. BRAYN is not a CPA firm, finance, tax, law, or engineering firm, and nothing contained herein can be construed as legal, financial, accounting, tax, or engineering advice.
IRS Circular 230 Disclosure – To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code, or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.

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MANUFACTURING CASE STUDY

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