As an architect or engineer, are you certain you are taking advantage of cost-reduction opportunities available to you under federal tax regulations? For example, under the Tax Extender bill approved by Congress in December 2019, the 179D Energy Efficient Building Deduction and 45L Energy Efficient Home Tax Credit were extended through 2020.
Additionally, Research and Development (R&D) Tax Credits offer further cost savings for a host of innovative activities you may already be performing. The R&D tax credit, designed to reimburse companies that develop new products, processes or inventions, can offer a significant percentage back to the company for qualified research activities and qualified research expenses.
Learn more about how these federal tax incentives apply to architectural firms and their clients when AIA hosts a one-hour webinar on Jan. 28, 2020 from 1:00 – 2:00 PM EST. Heidi Henderson from Engineered Tax Services will be the presenter.
R&D Tax Credits
- Qualifying Wages vs. Qualifying Expenses
- Contract Research
- Project Types and Innovation/Technical Challenges
- Examples of Qualified Activities and Projects
179D Energy Efficient Building Deduction
- Legislative Update
- Anticipated Extension Timeline
- 45L Tax Credits for Low-Rise Multi-Family Projects
Register here to gain a deeper understanding of how these opportunities benefit the AEC industries. After registering, you will receive a confirmation email containing information about joining the webinar.