Posts by BRAYN Consulting, LLC

Tax Court Finds That Architecture Firm’s Fixed-Price Contracts Qualified For Research Credits

by Geoff Garber, Partner and Justin Stone, Tax Consultant Quick Take Taxpayers claiming the federal research tax credit for work under fixed-price contracts received a significant win from the United States Tax Court (“the Court”). On December 6, 2019, the Court issued an order granting summary judgment to the taxpayer, Populous Holdings, Inc. (“Populous”), finding…

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TAX EXTENDERS UPDATE – November 2019

Tax Extender Updates

Politico reported last week that the House Ways and Means Committee Democrats are likely to unveil a “green energy” incentives package in the coming days, possibly as soon as the week of November 18th. The package could be a discussion draft or a more formal legislative proposal, but either way it is likely to include expired and expiring tax breaks for renewable energy and energy efficiency, such as 179D and 45L.

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Soft Costs: Depreciable or Not?

Application for Licensure

by Eric Rader, EIT, Engineering Associate What soft costs should be included in the depreciable cost basis? This is a very common, and confusing, issue for many property owners. A variety of soft costs can be accrued over the course of constructing a new building, renovating an existing building, or the acquisition of a property.…

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The Five W’s of 179D

Energy Modeling for 179D

The 179D Commercial Buildings Energy Efficiency Tax Deduction is a tax incentive meant to reward designers, contractors, and business and building owners for engaging in energy efficient design practices.

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How an Engineer Can Impact Your R&D Study

When your tax consultant is also an engineer!

By Brady Bryan, JD, CEO and Robert Henry Wallace III, EIT, Engineering Associate For those who are unaware of the R&D Tax Credit, you have come to the right place. For those who know about the credit, you have also ventured to the right place. The Credit for Increasing Research Activities has rapidly become an…

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BRAYN Consulting welcomes, Austin Bewley to the team!

Austin Bewley

BRAYN Consulting is pleased to welcome Austin Bewley to our team as an Engineering Associate. Austin is a recent graduate of the Colorado School of Mines. He will be working with the BRAYNiacs on R&D, Cost Segregation, 179D, and 45L tax incentive studies. Watch this video to learn a little about this great new addition…

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