Architects often ask if they will face resistance from the IRS if they claim R&D tax credits and get audited, but they can improve their chances by following these guidelines
To remain competitive, architects must consider how they can move from a design approach to an advisory mindset by taking advantage of training programs and tools. AIA partner Engineered Tax
Architects and engineers aspiring to grow their firms can stand apart from the competition by serving in a true advisory capacity to their clients. Why is this important? Increasingly, your
As we have covered in past posts, there are numerous activities conducted by architects and engineers that qualify for valuable federal and state research and development (R&D) tax credits. The
The Research and Development (R&D) tax credit is intended to incentivize companies to make innovative and technological investments that help the U.S. remain competitive in the global marketplace. Software development
Confusion and gray area have surrounded the research and development (R&D) tax credit (technically called Research and Experimentation tax credit IRS Code Section 41) for years. Both CPAs and business
The Research and Development (R&D) Tax Credit is a permanent federal tax incentive intended to stimulate innovation, technical design and manufacturing within the U.S. Many taxpayers associate these valuable tax
Federal research and development (R&D) tax credits have been available to businesses for more than three decades. However, many architects simply don’t realize the tax credits are available to them
The Future of 179D and 45L Energy Tax Incentives Regarding requests for updates on the status of 179D and 45L extensions, unfortunately the answer is still nothing yet! But here
Why EPAct Benefits Public Entities Several Architectural firms have discussed EPAct with their School and City clients. When a Public Entity agrees to sign the EPAct gifting letter, the Architect
