The design-centricity of Architecture & Engineering creates a healthy opportunity for firms to recoup some of their costs and reinforce their competitiveness. The following activities can qualify for R&D credits:
- Designing Building Site Plans & Drawings
- Developing Master Plans
- Sustainable Design
- CAD Modeling
- BIM Modeling
These are case studies that exemplify how the R&D credit can add value to architecture & engineering firms:
Structural Engineer
Revenue $60mm
Federal Credit $210k
Qualifying Activities: Designing master plans, CAD modeling
Qualifying Personnel: Lead Engineers, Staff Engineers, Design Team
Architect
Revenue $13mm
Federal & State Credit $91k
Qualifying Activities: Developing design drawings, CAD modeling
Qualifying Personnel: Architect, Team Lead, CEO/Owner (Licensed Architect)
Architect
Revenue $3mm
Federal & State Credit $55k
Qualifying Activities: Drafting site drawings, CAD modeling
Qualifying Personnel: Lead Architect, President (Licensed Architect)
Let us provide a free assessment of your qualifying activity and estimated credit amount:
