The R&D tax credit for startups can be used against payroll taxes, and the date you file decides when that money shows up.
David Wiener compares two illustrative software startups with the same $90,000 credit. The one that files in March starts using it in April. The one that files in October on extension waits until January, nine months later.
From The Tax Strategy Playbook.
Full episode: https://taxstrategyplaybook.com
No-cost analysis through CSSI: https://calendly.com/david-wiener/cs or 770-224-8504, option two
This is educational content, not tax advice for your situation. Talk to your tax professional.