Construction Executive: Tax Season 101 – Two Overlooked Tax Incentives for Construction Business Owners

It is tax season, and for construction business owners looking to lower their tax liability, alliantgroup Senior Managing Director Rizwan Virani offers up two under-claimed tax incentives in this piece from Construction Executive that can significantly boost a construction company’s bottom line this filing season.

For many of their daily projects, construction companies can become eligible for the Research and Development (R&D) tax credit and the Energy Efficient Commercial Building Deduction (Section 179D). If a construction business has made even simple improvements to their processes or services or modest energy efficient enhancements to eligible buildings, they can potentially qualify for significant savings through these incentives.

For more information on R&D, 179D and alliantgroup’s tax consulting services, please visit our website at www.alliantgroup.com.

About the Author

alliantgroup
alliantgroup offers companies expert consulting services regarding research and development, manufacturing, exporting, energy-efficient design, and hiring in certain established enterprise zones.