Research & Development Tax Credit

Capture Up to 8% in Federal Credits for Qualified Research Activities

The R&D tax credit is one of the most powerful - and underutilized - incentives in the U.S. tax code. Due to the broad definition of qualified research, businesses in nearly every industry can benefit, including:

  • Construction and engineering firms.

  • Manufacturing and product development companies.

  • Software and technology businesses.

  • Architecture and design firms.

How It Works

For every dollar spent on Qualified Research Expenses (QREs) - wages, supplies, contractor costs, and cloud computing - you can earn up to 8% in federal tax credits. Additionally, over 40 states offer their own R&D incentives, potentially doubling your benefit.

What Qualifies

  • Engineering and design activities.

  • Development of new construction techniques or processes.

  • Building system design, coordination, and clash detection (BIM/CAD modeling).

  • Value engineering and constructability reviews.

  • Prototype development and testing.

Legacy Group Consulting

Strategic tax incentive consulting for businesses that build, develop, and invest. We specialize in identifying federal and state tax credits that strengthen your financial position - partnering with your CPA to deliver results you can trust.

Core Focus Areas: 
45L Energy Efficient Home Credit

179D Commercial Building Deduction

Cost Segregation

R&D Tax Credits

ERTC

Ready to explore your tax incentive opportunities?

There are significant savings available - many of which go unclaimed each year. Reach out today for a complimentary assessment and discover what you qualify for.

Document