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2023 will bring some exciting and lucrative tax incentives for small and medium businesses across America. Taking advantage of these opportunities can significantly impact your business’s bottom line, so it’s essential to stay informed about the incentives available.

Software development firms are textbook candidates for claiming the Research and Development (R&D) tax credit because of their significant investment in development and engineering as well as the highly technical nature of their design work. In fact, many of the day-to-day activities undertaken by software developers qualify for the credit due to their systematic and iterative nature.

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