R&D Tax Credit for Engineering Services

Companies involved in Engineering Services invest substantial amounts of time performing qualifying R&D activities while pursuing solutions for their customer’s challenging application requirements. For companies in this industry, research and development involves significant investment in problem analysis, computer modeling, prototype development, experimental testing and solution formulation efforts as well as analytical design work. Examples of Engineering Services activities that present R&D tax credit opportunities include:

  • Evaluation and analysis relating to the performance of plastic polymers for use in a specific application
  • Hazardous-site investigation, soil and water analysis and development of a suitable ground remediation methodology
  • Design and development of a new chemical product for consumer use
  • A pre-construction study relating to the refurbishment of an older factory building to human housing

Businesses in the Engineering Services industry are likely candidates to receive cash benefits from an R&D tax credit study. Intrepid Advisors' experts can deliver maximum benefits for each tax year.

Company Profile

Annual Revenue:
$25 - $50 Million

Employees:
100 - 150

R&D Tax Credits

Federal R&D Tax Credit:
$150,867

State R&D Tax Credit:
$18,421

R&D Tax Credit for Engineering Services

Learn More About R&D Tax Credits