Strong Foundation
RetroacDev grew out of a software engineering company in Boston called Zagaran. We had built software products for startups, Fortune 500 companies, government, hospitals, and Harvard and MIT. We had also built a SaaS product of our own, and we found out it qualified for the R&D Credit.
Our CPA was happy to help us file for the R&D Credit, but we had no records to show her because like many startups, we hadn't been using a time tracking system. But we did have all our code changes saved in Git (a version control system), so we wrote some scripts to extract that data and use it to document what activities we'd done, who’d done them, and how much of their time they'd spent. That got us an $11,000 R&D Credit the first year we used it.