Total number of Tax Incentives we have successfully helped our clients claim $892,832,194.24
Food & beverage Industries - BRAYN Consulting LLC


DID YOU KNOW?

FOOD MANUFACTURER CASE STUDY

 

                                        ITEM           AVERAGE ANNUAL AMOUNT     
Gross Revenues $ 63,000,000
Total Payroll $ 8,600,000
Qualified Research Expenses (QREs) $ 2,300,000
Net Federal Credits $ 180,000
Net State Credits $ 210,000
  TOTAL NET FEDERAL AND STATE CREDITS   $ 390,000

 

QUALIFYING ACTIVITIES

 

◾ Developing new or improved product formulations to enhance flavor or increase nutritional content

◾ Creating new or improved food manufacturing processes to meet federal, state, and local health guidelines

◾ Producing pilot batches of foods or beverages for shelf life and stability analysis

◾ Integrating new or different ingredients for improved taste, smell, or texture

◾ Designing new packaging for improved temperature regulation or durability

◾ Modifying formulations to include more sustainable ingredients