R&D Tax Credit: Year-End Savings Strategies

The Research and Development (R&D) Tax Credit is a proven tax planning strategy that most Architectural and Engineering firms can take advantage of. While 2020 and 2021 have brought a host of new tax planning strategies in response to the COVID-19 pandemic, the R&D credit should not be forgotten in your year-end planning.

Learn how the R&D credit interacts with other planning strategies, such as the Employee Retention Tax Credit and PPP forgiveness, as well as the potential impact of new tax legislation.

Learning Objectives:

• Understand how AE firms benefit from the R&D Tax Credit.
• Understand how the R&D Tax Credit interacts with other tax planning strategies.
• Consider how the R&D Tax Credit will play a role in responding to potential tax law changes.