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Engineering

Whether your company offers structural, civil, or MEP engineering services, far too many engineering firms fail to realize that assessing design challenges, evaluating design alternatives, and producing solutions may constitute tax code qualified R&D activities. Let TaxIncennovations help you get onto the path to valuable R&D tax credits for your company today!

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Examples of qualifying R&D activities include the following but are not limited to:

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  • Developing construction documents

  • Designing and developing master plans

  • Developing conceptual designs and ideas

  • Engaging in value engineering activities

  • Developing new and innovative designs for various structures

  • Building information modeling (BIM) activities and computer-aided design (CAD)

  • Evaluating climate conditions and site features associated to design and development efforts

  • Developing new or innovative designs for sites or building systems to achieve LEED certification

  • Evaluation and collaboration between consultants on means and methods for constructability

Prior to 2016, small to mid-size companies who qualified for the R&D tax credit were sometimes limited to utilize the credit by Alternative Minimum Tax (AMT).  With the new regulations put in place in 2016, small to mid-size businesses can offset their AMT with the R&D tax credit.

Case Studies

A Civil Engineering Firm with gross receipts of $15 million that specializes in wastewater, site and infrastructure analysis and design can generate $275,000 in Federal and State R&D Tax Credits per year.

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Let TaxIncennovations evaluate how we can assist you in claiming R&D tax credits.

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