The #1 government funded Startup program for good reason
Startup companies may now use credits to offset their employer FICA payroll taxes (6.2% of payroll) regardless of profitability. An eligible startup can fund up to $250,000 annually.
Eligible startup companies are defined as those in business for 5 years or less and that earn less than $5 million in revenue.
For example, a Startup with $500,000 in engineering salaries pays $31,500 in FICA payroll taxes.
By leveraging up to $50,000 in R&D credits, they can eliminate their payroll taxes completely!
Use our calculator for a glimpse of what you could be saving in seconds.