The construction industry is rebounding fast, and as contractors regain their post-recession footing, many are realizing that  the everyday business activities of a growing company and/or energy-efficient design-build services might be their fast pass to a full recovery.

Rewards for Innovation

The federal government (and many state governments) is earnestly  promoting innovation within the AEC industry through the Research and Development Tax Credit; billions of dollars are allotted every year to assist businesses as they break new ground in their industry. AEC companies are fantastic candidates because of their innovative and rapidly evolving nature.

Incentives for Going Green

In response to the nation’s energy consumption issues, Congress created a federal tax incentive to reward the design and/or installation of energy-efficient interior lighting, HVAC, hot water, or building envelope systems (in section 179D of the Internal Revenue Code).

Case Studies: Design-Build Can Have it Both Ways

Tax credits and incentives can provide an immediate source of funding as well as a significant reduction to current and future years’ federal and state tax liabilities. The following businesses were able to take advantage of both the R&D and 179D opportunities:

2 Tax Secrets That Are Helping the Design-Build Industry Reboun

Many construction companies are eligible to claim both the R&D and 179D tax benefits. Respectively, these incentives reward innovation and energy-efficient design-build services.

alliantgroup is the nation’s leading provider of specialty tax consulting services including the Energy-Efficient Commercial Building Deduction (179D) and the Research and Development Tax Credit

If you own a construction company that is providing energy-efficient services or creating new and improved ways of doing business, contact alliantgroup.

Learn how your work on energy-efficient and LEED-certified buildings may qualify you for lucrative tax incentives and credits.