Tag: Qualifying Activities

qualifying activities for the r&d tax credit

Six Engineering Activities That Qualify for the R&D Tax Credit

Is your engineering firm missing opportunities to capture tax savings? Research and development (R&D) tax credits are a permanent federal tax incentive designed to stimulate innovation, growth and competitiveness. The R&D tax credit – also offered by two-thirds of U.S. states – is one of the most significant domestic tax credits because it serves to

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Why Architects and Engineers are Ideal Candidates for R&D Tax Credits

Business owners in many types of industries, including architecture and engineering, may be eligible for federal and state research and development (R&D) tax credits and not realize it. Some mistakenly believe that these credits only apply to scientists and medical researchers working on the development or improvement of new products, software or pharmaceuticals. Or, they

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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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