Smaller companies may not realize that their activities related to the design and development of many types of systems can constitute qualified R&D activities, potentially entitling them to significant R&D incentives.

You don’t have to be a manufacturer or software developer to be conducting qualified activi­ties as defined by the Internal Revenue Code.

 Innovation in engineering, design, and construction happens each day on many different scales. The cost of projects can be reduced when R&D tax incentives are claimed for time and materials. Firms of all sizes should pursue tax credits to reduce their tax obligation and improve operating cash flow.

Rizwan Virani is an alliantgroup Managing Director leading the firm’s Architecture & Engineering, and Construction teams, as well as the Energy Efficient Commercial Building Deduction (179D) Team.