This is the first section of the Business Update page and covers the historical growth of the business.
- Enter the gross receipts for the four years prior to the study year.
- Select from the dropdown which year the business first generated expenses qualified for the R&D tax credit.
- Enter the total amount of third party grants and funding the business received to assist with any R&D work preformed during the study year.
Make sure this information is accurate as it will be referenced later when calculating your credit.
