This success story reviews a software/technology company located in Nashville, Tennessee that reached out to our team for an R&D Tax Credit Study. The Technology platform connects patients with affordable, quality healthcare. The company had annual revenue of $18 million in 2018 and employs 146 people, 42 of which were included in the study. 


Our team of R&D consultants was engaged initially in 2018 to conduct an R&D Tax Credit Study for the company for the first time. We put a focus on education about the credit and conducted detailed interviews with key personnel, so the client was able to claim a significant credit year after year. As a result of our continued engagement, our process has become more efficient. For new studies, our team performs all fieldwork and documentation gathering via email correspondence and conference calls since key personnel were already educated on all necessary items to provide. This improvement has allowed for a more streamlined approach to conducting studies and saves time and money for the client.


  • $1.2 million in qualified research expenses (QREs)
  • $78 thousand total effective federal credits

View the entire case study here. 

Indications of an R&D Tax Credit Opportunity

  • Do you employee engineers, scientists, project supervisors, or programmers?
  • Do you develop or improve products or processes?
  • Do you incur raw material costs during the product development process?
  • Do you build prototypes, jigs, models or dyes?


Since 2014, McGuire Sponsel and LBMC have partnered to provide first-class service with integrity that brings value to LBMC’s clients. As a national specialty tax consulting firm, McGuire Sponsel offers Research & Development Tax Credits, Fixed Asset Services including Cost Segregation, Global Business Services and Credit and Incentive Services. Contact Mike Dalman for more information and to get started.