Tag: Engineering Firm

possibilities

Possibilities Story: Sleepless in Salt Lake City

As the owner of an engineering firm in Salt Lake City, Utah, I’ve been concerned about the recent downturn in the economy—like a lot of people. The fact is, like many engineering firms, my company’s profit margins are thin. And because of a set of factors outside my control—namely inflation, the supply chain crunch, and

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Can Your Engineering Firm Qualify for the R&D Tax Credit?

Did you know that your engineering firm could qualify for the federal Research and Development (R&D) Tax Credit? The R&D tax credit is meant to incentivize companies to invest in innovation and technological investments so that the U.S. can remain on the forefront of those advancements. Two-thirds of U.S. states also offer tax credits for

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How Architects & Engineers Can Benefit From Specialty Tax Incentives

As an architect or engineer, both you and your clients may be entitled to substantial federal tax incentives. As a result, we are seeing an increasing amount of Architects and Engineers partnering nationally with professionally licensed engineering firms such as Engineered Tax Services to provide independent, third-party certification as required by the IRS to help

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