Tax Credit Collective overviews MEP (mechanical, electrical, plumbing) engineering activities that can qualify for tax credits- especially the Research & Development tax credit.
Does your MEP Engineering Firm Engage In These Activities?
We frequently help Mechanical, Electrical and Plumbing Engineering firms capture the R&D Tax Credit. If your businesses engages in these Engineering or Design Build activities, you could be eligible to capture the Research and Development (R&D) Tax Credit.
Some common MEP activities that can qualify firms to capture this credit are:
Design and development of mechanical, electrical or plumbing systems
BIM modeling and analysis
Design build/design assist activities
LEED/sustainable design
Central plan systems design or optimization
Pre-fab design
Automation/control design or implementation
Alternative water flow/plumbing systems
Alternative electricity conduction systems
Developing or improving lighting within a structure
Waste disposal processes
Analyzing hydraulic systems
New materials and technologies experimentation
Sustainable or special use design
Space utilization
Alternative structure ventilation, heating or cooling
... and more activities. This is not an exhaustive list!
Tax Credits Can Be Complicated
We know Tax Credits can be tricky to understand, calculate and substantiate. We're here to help you determine if you are eligible to capture the R&D tax credit. You can reach us at 833-3INCENT.