Nope! You can claim R&D tax credits with even a month of payroll.
You don’t need a full year of payroll to claim your R&D tax credits. As long as you’ve spent money on what the IRS defines as “Qualified Research Expenses” – that could be employee payroll, a contracted engineer or product design firm, or working with a CRO.
It’s our job to figure this out for you – schedule time with one of our tax credit experts using this link here and we’ll walk you through the entire process.