R&D Credits available for architecture, engineering, and contracting companies.

Posted by Jeffrey Feingold on 01.22.12

R&D tax credits are often available to companies in the design and construction industries.

Typical qualifying activities for R&D credits for contracting, engineering or architecture industrie include:

• Design for LEED/Green Initiatives
• LEED certification
• Improving acoustical qualities of structure
• Developing alternative water flow / plumbing systems
• Developing alternative electricity conduction systems
• Developing or improving lighting within a structure
• Improving or developing alternative ventilation for a structure Improving or determining alternative heating and cooling systems
• Determining alternative structural design
• Designing building shape and form
• Building Information Modeling
• HVAC design
• Mechanical system design and testing
• Structure and facility design for constructability
• Value engineering

Contact Tax Point Advisors, Inc. for more details.