The complexity of modern structures often requires a great deal of innovation from the engineers in order to ensure the structures support and resist the loads and forces to which they are subject, whether those forces are related to the intended use of the structure, environmental stresses, or other issues. Engineering firms may not realize that the design and development activities of creating structural, mechanical, and electrical systems for unique buildings and structures may constitute qualified R&D activities, potentially entitling them to significant R&D incentives.
If you think you have to be operating in a laboratory to qualify for R&D tax credits as defined by the Internal Revenue Code, think again. If your firm is in the engineering industry, there is a strong chance that you could benefit from an R&D Tax Credit study. Let alliantgroup’s engineering experts help you claim the credits that you deserve!