Architecture businesses often overlook their eligibility for government tax incentive programs, assuming they don’t apply to their industry. Even those aware of these programs often fail to fully capture the available tax credits.
For instance, many mistakenly believe that only licensed architects and engineers involved in groundbreaking projects qualify for the R&D tax credit. However, other employees and expenses beyond traditional architects can also qualify.
If your architecture practice engages in activities like designing improved systems, environmental sustainability, performance testing, or developing enhanced construction techniques, you may be eligible for the R&D tax credit.
There are various federal tax incentives applicable to architecture businesses, offering cash-saving benefits and refund opportunities. KC&A can help you claim the credits you deserve.
It’s important to note that many federal credits have corresponding State tax incentives with similar calculation methods and claim processes, subject to state-specific rules and regulations.
If your architecture practice performs any of the following there may be an opportunity your company could benefit from an R&D Tax Credit study:
- Designing improved systems (e.g., HVAC)
- Designing new and/or unique drainage systems and flare stations
- Designing for environmental sustainability, including environmental impact technical studies
- Designing spatial requirements to improve facility scale and/or output
- Designing protocol systems (e.g., control, energy consumption, telecommunication, security, protection)
- Designing performance and/or quality development testing
- Developing improved construction and/or build techniques (e.g., sustainability concerns, pollution control, and waste treatment)
- Developing unique and/or improved designs, material selection, techniques, and processes
- Developing enhanced efficiency processes (e.g., extraction and treatment systems)
- Developing electrical systems and electrical retrofits
- Developing or improving facilities (filtration systems, spatial design constraints, electrical components and integration)
- Developing unique projects and techniques regarding environmental factors (e.g., structural requirements and/or conditions)
Contact KC&A today for your free R&D tax credit assessment and evaluation
