R&D tax credits for construction contractors
As modern technology advances at high speed, the construction industry continues to face increasing complexities associated with modern infrastructure. Contractors working with architects and owners all strive to push the envelope of efficiency in design and execution, developing new techniques to keep the industry on the leading edge of building innovation.
Despite the construction industry being one of the major contributors to the U.S. economy, many construction companies in the U.S. are not aware of the research and development tax incentives available to them. Others may be aware of R&D tax credits but aren’t necessarily taking full advantage of them.
The business tax experts at Ayming USA are here to help construction companies of all sizes and makeups get credit for the R&D activities they undertake, helping them fund ongoing innovations and a thriving business.
What kind of activities count as R&D for the construction industry?
Qualifying research and development in the construction sector can encompass a broad spectrum of activities. Examples of such R&D qualified activities may include:
- Analysis of functional design to improve performance, quality, and reliability
- Gathering requirements and definition of specifications
- System detailing for constructability
- Construction process development or improvement
- And many more…
Ayming USA helps construction firms get tax credits
The R&D tax credit consultants at Ayming USA have the expertise to review the time tracking, contractual agreements, and other industry-specific documentation to deliver accurate results, providing quality consultation for construction companies looking for R&D tax credits.
Our industry-specific tax credit consultants have hands-on experience and knowledge of the construction sector. We always take the time to truly understand how your company innovates so that we can expertly identify all qualifying expenditures to help you make a successful claim for R&D tax credits.
Download your free factsheet
We’ve put together handy, streamlined summaries of research and development in the construction industry.
Simply fill in your details to download your free factsheet and learn more about building your business with R&D tax incentives.
