With tax season just around the corner and construction companies looking to improve their bottom lines, former Senior Counsel to the U.S. Senate Finance Committee and alliantgroup National Managing Director, Dean Zerbe, states that business owners should be looking hard at those tax credits and incentives that are already out there for their benefit. According to Zerbe, the first place construction business owners should start is the Research and Development (R&D) Tax Credit.
In his article appearing in Construction, Accounting and Taxation, “The R&D Tax Credit: Basics for Construction Business Owners,” Zerbe discusses the benefits and the true application of the R&D Tax Credit—the largest federal tax credit available to U.S. businesses. Overlooked and vastly under-claimed within the construction industry, Zerbe emphasizes the broad spectrum of construction-based businesses that can potentially qualify for this valuable tax incentive.
Contact us today for more information on the R&D Tax Credit and alliantgroup’s tax consulting service.