INDUSTRIES SERVED

Architecture

DID YOU KNOW?

DID YOU KNOW?

  • Many design activities performed by architecture firms, especially those during the Schematic Design, Design Development, and Construction Documentation phases may qualify for sizable federal and state R&D tax credits.
  • While contractual language s a relevant factor, qualifying activities under contracts with clients can also qualify in many cases.
  • BRAYN’s expertise includes industry standard tracking and job costing software, which provides for efficient cost analysis and excellent substantiation.
  • The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

Architecture
Case Study

QUALIFYING
ACTIVITIES

QUALIFYING ACTIVITIES

Design & Analysis

  • Feasibility Studies
  • SD, DD, & CD Development
  • CAD & BIM Modeling
  • Technical Studies

Architecture & Engineering Services

  • Building & Landscape Architecture
  • Structural Engineering
  • Mechanical, Electrical, and Plumbing Engineering
  • Civil & Environmental Engineering
  • Other Specialty Engineering
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Engineering

DID YOU KNOW?

DID YOU KNOW?

  • Many design activities performed by architecture firms, especially those during the Schematic Design, Design Development, and Construction Documentation phases may qualify for sizable federal and state R&D tax credits.
  • While contractual language s a relevant factor, qualifying activities under contracts with clients can also qualify in many cases.
  • BRAYN’s expertise includes industry standard tracking and job costing software, which provides for efficient cost analysis and excellent substantiation.
  • The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

ENGINEERING FIRM
CASE STUDY

QUALIFYING
ACTIVITIES

QUALIFYING ACTIVITIES

Design & Analysis

  • Feasibility Studies
  • SD, DD, & CD Development
  • CAD & BIM Modeling
  • Diagnostic Engineering

Engineering Services

  • Structural
  • Mechanical, Electrical, Plumbing
  • Civil & Environmental
  • Other Specialty Engineering
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Construction

DID YOU KNOW?

DID YOU KNOW?

  • Certain design, preconstruction, estimating, and upfront planning activities for construction projects may qualify for sizable federal and state R&D tax credits.
  • While contractual language s a relevant factor, qualifying activities under contracts with clients can also qualify in many cases.
  • BRAYN’s expertise includes industry standard tracking and job costing software, which provides for efficient cost analysis and excellent substantiation.
  • The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

MECHANICAL CONTRACTOR
CASE STUDY

QUALIFYING
ACTIVITIES

QUALIFYING ACTIVITIES

  • Engineering of foundational, structural, mechanical, and electrical building sub-systems
  • Development of construction techniques for improved construction efficiency and implementation performance
  • Value engineering assessments to reduce cost while achieving constructible building and infrastructure designs
  • Constructability reviews of the design work of architects and engineers
  • Building sub-system design, coordination, and clash detection using BIM or CAD modeling to ensure a reliable and efficient construction process
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Manufacturing

DID YOU KNOW?

DID YOU KNOW?

  • Certain product development and process improvement activities performed by manufacturing companies may qualify for sizable federal and state R&D tax credits.
  • BRAYN’s expertise includes industry standard tracking and job costing software, which provides for efficient cost analysis and excellent substantiation.
  • The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

MANUFACTURING FIRM
CASE STUDY

QUALIFYING
ACTIVITIES

QUALIFYING ACTIVITIES

  • Product Design & Testing
  • First-Article Runs
  • CNC Programming
  • Tooling Development
  • Equipment Development
  • Process Design & Development
  • Quality Assurance
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Software

DID YOU KNOW?

DID YOU KNOW?

  • Much of the software coding and testing, as well as version improvements, performed by software companies may qualify for sizable federal and state R&D tax credits.
  • BRAYN’s expertise includes industry standard tracking and job costing software, which provides for efficient cost analysis and excellent substantiation.
  • The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

SOFTWARE COMPANY CASE STUDY

QUALIFYING
ACTIVITIES

QUALIFYING ACTIVITIES

  • Enterprise Architecture
  • Flowcharting Software Logic
  • Programming Software Source Code
  • Improving Upon Open-Source Software Codes
  • Compiling and Testing Software Codes
  • Unit, Integration, Functional, Performance, and Regression Testing
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Real Estate

DID YOU KNOW?

DID YOU KNOW?

  • Many components of buildings can be reclassified as 5, 7, or 15-year assets from their original 27.5 pr 39 year lives.
  • This provides the benefit of accelerated depreciation, which reduces taxes and increases cash flow.
  • Building owners can take advantage of the ability to look back and “catch-up” lost depreciation deductions.

COST SEGREGATION FOR REAL ESTATE

ELIGIBLE FOR COST SEGREGATION

ELIGIBLE FOR COST SEGREGATION

  • Commercial & Residential Building Owners, Developers, REITs, etc.
  • New Construction
  • Repairs and/or Improvements
  • Acquisitions
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Biotechnology

DID YOU KNOW?

DID YOU KNOW?

  • Biotechnology, pharmaceutical, and medical device companies are prime candidates for valuable federal and state R&D tax credits.
  • Many of the drug & product development and process improvement activities performed by biotechnology companies may qualify for sizable federal and state R&D tax credits.
  • The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

Biotech manufacturing case study

BIOTECH MANUFACTURING QUALIFYING ACTIVITIES

BIOTECH MANUFACTURING QUALIFYING ACTIVITIES

  • Product Design & Testing
  • First-Article Runs
  • Clinical Trials
  • CNC Programming
  • Tooling Development
  • Equipment Development
  • Process Design & Development
  • Quality Assurance

DRUG DEVELOPMENT QUALIFYING ACTIVTIES

DRUG DEVELOPMENT QUALIFYING ACTIVTIES

  • Identification of Receptor Targets
  • Computer Modeling
  • Assay Development
  • Pharmacology
  • Clinical Testing
  • Process Design & Validation
  • Equipment Selection
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Energy

DID YOU KNOW?

DID YOU KNOW?

  • Many of the tooling design, extraction technique, and refinery process development projects performed by oil and gas companies may qualify for sizable federal and state R&D tax credits.
  • The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

PETROLEUM PUMP MANUFACTURER CASE STUDY

QUALIFYING ACTIVITIES

QUALIFYING ACTIVITIES

  • Designing New or Improved Refinery Plants & Processes
  • Developing New or Improved Extraction Processes & Techniques
  • Designing and Testing on Offshore Rigs and Structures
  • Developing New or Improved Drilling Mud Formulations
  • Improving Refinery Yield and Minimizing Scrap & Waste
  • Designing and Manufacturing First Article Drill Bits, Pumps, and Other Equipment
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Transportation

DID YOU KNOW?

DID YOU KNOW?

  • The federal government and most states have enacted fuel tax breaks for transportation and other fuel consuming companies for various uses of gasoline, diesel, and other common fuels.
  • For federal purposes, taxpayers may be eligible for refunds of tax paid on gallons of certain fuels used in vehicles and equipment off-road, such as in farm equipment, compressors, generators, and bulldozers.
  • Many states offer a wider range of refund opportunities than the federal government, extending exemptions to vehicles licensed for on-road use, such as cement mixers and garbage trucks.

TRANSPORTATION INDUSTRY CASE STUDY

EXAMPLES OF QUALIFYING VEHICLES & EQUIPMENT

EXAMPLES OF QUALIFYING VEHICLES & EQUIPMENT

  • On-road Vehicles w/PTO Equipment
    • Cement Mixers
    • Trash Compactors
    • Dump Trucks
    • Bucket Trucks
    • Solid & Liquid Cargo Pumps
    • Carpet Cleaning Vehicles
  • Refrigerated Truck/Trailer
  • Auxiliary Power Units (APUs)
  • Mass Transit
    • School & Local Buses
    • Van Services
  • Off-road Vehicles & Equipment
    • Construction Equipment (generators, dozers, etc.)
    • Oilfield Service Equipment
    • Lawn Maintenance Equipment
    • Farming Equipment
    • Marine Vessels
    • Forklifts
  • Other Opportunities
    • Taxicabs
    • Government-owned Vehicles
    • Diesel-powered Trains

WHO CAN BENEFIT?

WHO CAN BENEFIT?

  • Common/Private Carriers
  • Waste/Sanitation
  • Construction
  • Oil & Gas and Oilfield Service
  • Farming/Agriculture
  • Chemical
  • Food Service
  • Manufacturing
  • Passenger Transit
  • Mining/Industrial

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Food & Beverage

DID YOU KNOW?

DID YOU KNOW?

  • Due to the dynamic nature of the food and beverage industry, many companies are prime candidates for tax breaks.
  • Companies developing new or improved food or beverage products, manufacturing processes, and packaging can qualify for sizable federal and state R&D tax credits.
  • The R&D tax credit is based on “qualified research expenses” (QREs) – for every dollar spent on QREs, you can earn up to 8.0% in federal tax credits! Additionally, over 40 states offer similar R&D tax incentives that can double benefits in some cases.

FOOD MANUFACTURER CASE STUDY


QUALIFYING ACTIVITIES

QUALIFYING ACTIVITIES

  • Developing new or improved product formulations to enhance flavor or increase nutritional content
  • Creating new or improved food manufacturing processes to meet federal, state, and local health guidelines
  • Producing pilot batches of foods or beverages for shelf life and stability analysis
  • Integrating new or different ingredients for improved taste, smell, or texture
  • Designing new packaging for improved temperature regulation or durability
  • Modifying formulations to include more sustainable ingredients