The Architect’s Plan to Optimize Tax Incentives for 2020
Class One - Dollars for Design: Optimizing the R&D Tax Credit for Architecture
You are paying too much in taxes. Over 70% of architecture firms and their owners are not claiming a powerful tax incentive – the Research & Development Tax Credit. Are you missing out on dollars for design that could give you a competitive advantage? This course will cover eligibility requirements and how to leverage available information and technology within time tracking software to easily access this lucrative incentive.
Learning Objectives:
1. Understand the four-part test and basic exclusions to R&D, including the main components of funded versus non-funded research
2. Debunk the myths of the R&D tax credit
3. Learn how to optimize time and project tracking to maximize tax credits 4. Participants will be able to effectuate necessary changes in future tax incentive claims to better position company and owners in case of audit
4. Identify target-rich environments for R&D activities
About the Speaker:
Brady Bryan, BBA, JD, CQIA, Founding Member and CEO, Brayn Consulting
As BRAYN’s founder and CEO, Brady brings optimal value to mid- market clients through specialty tax incentives in a number of industries including architecture, engineering, construction, manufacturing, and software. A licensed attorney in California and Texas himself, Brady has assembled an all-star team of BRAYNiacs. This powerhouse team is composed of lawyers, engineers, and accountants hailing from Big-4 and other national consulting firms. Brady’s goal is to educate businesses and people on how to avail themselves to the little-known tax incentives that are designed for them. In this way he knows BRAYN can make a meaningful impact with real people.
Prior to founding BRAYN in 2010, Brady spent many years in industry, as well as Big-4 accounting. During his tenure at Deloitte, he first learned about several of the tax incentives his company now specializes in. He also spent several years doing indigent defense work. Brady has a Juris Doctor from Southwestern Law School, and a BBA in Management from Sam Houston State University. He lives in Las Vegas with his wife, three children, and three French bulldogs.