R&D Tax Credits for Architectural and Engineering (A&E) Firms: Opportunities, Expectations and Eligibility

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

View All Professional Services Podcasts

 

J. Scott Duda

Professional Services Industry Leader

Partner, Cherry Bekaert LLP
Partner, Cherry Bekaert Advisory LLC

Ronald Wainwright, Jr.

Tax Services

Partner, Cherry Bekaert Advisory LLC

Past Episodes

Podcast

September 17, 2024

11:45

Speakers: Christopher J. Truitt, Martin Karamon, William W. Billips, Timothy Doran

Learn how transferable energy tax credits under the Inflation Reduction Act offer private equity funds new tax planning opportunities and innovative deal structuring.

Podcast

June 25, 2024

17:50

Speakers: Eric Poppe, Vivian Kohrs

Learn how government contractors can benefit from R&D credits through IRS section 174 as well as state-specific economic incentives.

Podcast

May 29, 2024

16:25

Speakers: Martin Karamon, Vivian Kohrs

Listen in to learn about intercompany IP agreements and Section 174 implications for overseas R&D. Prevent double capitalization and manage risks.