Maximizing R&D tax credit savings

CE May 2010 » Departments » AROUND THE WEB

What would $100,000 or even $1 million extra cash do for your bottom line? A powerful tax incentive known as the research and development (R&D) tax credit is available at both federal and state levels that can help engineering firms recover a significant amount of their R&D costs. Recent law and regulation changes have expanded the requisite definition of qualified R&D and there is no longer a requirement that qualified R&D include activities associated with revolutionary developments, so activities to design and develop structures and systems for specific applications may qualify. Two attorneys from alliantgroup explain how civil engineering firms can take full advantage of R&D tax credits.

Cutting IT costs
Information technology organizations are being tasked with lowering costs and increasing the efficiency of their overall infrastructures. The good news is that these goals can be met with a focus on sustainability through wide area network (WAN) optimization, server virtualization, and shared storage. Centralizing data and applications in one location rather than across multiple locations of an organization reduces hardware footprint and conserves valuable resources. Read how WAN optimization solutions made this possible for Kleinfelder-S E A.

Wastewater solution
Addition of solar-powered circulation equipment to an existing wastewater treatment plant allowed St. Henry, Ohio, officials to offload a significant portion of energy-intensive aeration and mixing functions while significantly reducing biochemical oxygen demand, total suspended solids, and ammonia.

Check out these web-exclusive articles posted with the May issue on www.cenews.com


Upcoming Events

See All Upcoming Events