SECTION 174 FIX IMMINENT!
Claim The R&D Tax Credit for Day-to-day Activities
With the Presidency and Congress aligned under single party, the legislative barriers to fix Section 174 have been removed. Engineering firms can soon claim the full value of this incentive annually for activities such as –
- Designing infrastructure, products and prototypes
- Using CAD to draft product designs
- Adapting designs to meet regulatory and sustainability requirements
- Developing new materials for products and testing their effectiveness
If your business has been involved in these activities, you very likely qualify. Act soon to claim potential six-figure incentives for tax year 2021 before the statute of limitations expires.
We’ll discuss your eligibility and help estimate your potential tax benefit.
Fueling Cutting-edge Engineering Solutions with R&D Tax Credit
The R&D tax credit is a dollar-to-dollar federal incentive driving technological innovation to keep American products and services at the forefront. It is a potential six figure incentive every year for the risks you take for activities like –
- Designing infrastructure, products and prototypes
- Using CAD to draft new designs to improve products
- Performing calculations to support design determinations
- Adapting designs to meet regulatory and sustainability requirements
- Developing new materials for products and testing their effectiveness
We’ll discuss your eligibility and help estimate your potential tax benefit.
Fueling Cutting-edge Engineering Solutions with R&D Tax Credit
The R&D tax credit is a dollar-to-dollar federal incentive driving technological innovation to keep American products and services at the forefront. It is a potential six figure incentive every year for the risks you take for activities like –
- Designing infrastructure, products and prototypes
- Using CAD to draft new designs to improve products
- Performing calculations to support design determinations
- Adapting designs to meet regulatory and sustainability requirements
- Developing new materials for products and testing their effectiveness
Success Stories
Companies claiming the R&D Credit saved more with alliantgroup!
Multi-Disciplinary Engineering Firm
Previous Credit Value:
$460,000
alliantgroup CREDIT VALUE:
$1,600,000
248% Increase
ANNUAL REVENUE:
$51 Million
MEP Engineering Firm
Previous Credit Value:
$145,000
alliantgroup CREDIT VALUE:
$268,000
85% Increase
ANNUAL REVENUE:
$13 Million
Structural Engineering Firm
Previous Credit Value:
$46,000
alliantgroup CREDIT VALUE:
$206,000
347% Increase
ANNUAL REVENUE:
$7 Million
Importance of
R&D Tax Credit
The R&D Tax Credit was introduced in 1981 to increase technical jobs in America by encouraging businesses to invest in innovation. It is now the most powerful permanent tax credit available. As competition within the American marketplace continues to intensify, companies need to utilize every resource they can. This credit intends to support American innovators so they can reallocate funds back into their businesses to help with the following:
- Retaining and attracting more technical talent
- Growth strategy
- Remaining competitive
R&D Tax Credit 5 Myths and Misunderstandings
Unfortunately, only one out of twenty small- to medium-sized companies eligible for this credit take advantage of it. Here are some of the myths that hold them back:
- The tax credit is only for companies that invent something new
- This benefit is for businesses with research labs
- The credit won’t help me with my state taxes or bottom line
- It’s too good to be true
- There will be tax reform, and the R&D credit will go away
WHITEPAPER
Your Checklist for R&D Providers
R&D | Providers Checklist
Please complete the form below to download the R&D providers checklist and find what will work best for your business
Why alliantgroup?
We are the leading experts in tax credits and incentives. Since 2002, we have helped US businesses grow their operations and stay ahead of the competition. To date, we have delivered billions in refunds to over 27,000 businesses.
800+ Industry Experts
Our professionals know your business inside and out and know what qualifies to ensure the most lucrative refund. No other firm offers professionals versed in your industry.
Five Former IRS and Division Commissioners
Our former commissioners are the preeminent experts on IRS policy and ensure our practices and procedures align with the service’s expectations. No other firm offers this level
of oversight.
Former Legislators
Our former policymakers understand the intent of tax law and why they apply to your business. As part of our team, they advocate for our clients and help them take advantage of federal funds. No other firm understands tax law to this extent.
Let's get started today
Schedule a free consultation with our team of experts.
We’ll discuss your eligibility and help estimate your potential
tax benefit.
Find Out If You are Eligible
Let our tax credit consultants evaluate your business and help you understand how this tax credit can genuinely benefit you.
Calculate Your R&D Tax Credit
In 2021 alone, alliantgroup delivered over $2.3 billion in credits and incentives to over 14,000 businesses. And we do not want to stop here without helping you. Let our experts research and provide information that you need to understand how this credit can genuinely benefit your business
We have created a quiz to help you get a head start on estimating your credit.
Take our short quiz to get an idea of what this benefit can look like for your business today!
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