R&D Tax Credits for Architectural and Engineering (A&E) Firms: Opportunities, Expectations and Eligibility
July 14, 2021
Stay Connected
The architectural and engineering (A&E) industry is evolving at record speed, fueled by the Administration’s pending infrastructure legislation that prioritizes the design of energy-efficient commercial and residential structures. To take advantage of these opportunities, A&E firms need to stay on the cutting edge of innovation by investing in emerging technologies and actively pursuing mergers & acquisitions. R&D credits provide the funding needed to subsidize these investments.
Cherry Bekaert’s Scott Duda, leader of the Professional Services Practice and Ron Wainwright, National leader of the Firm’s Credits & Accounting Methods Team, discuss how R&D credits are helping A&E firms become leaders in their industry, and they share guidance about securing these lucrative incentives.
Topics Covered:
- What to expect in 2022 and beyond
- Impact of the pending infrastructure legislation
- How to qualify for the R&D tax credit
- Technology investments to stay competitive
- Eligibility requirements and filing tips
- Addressing a common misconception