Alliance Provides Tax Knowledge to Architects

Julio Gonzalez, founder and CEO of Engineered Tax Services Inc. (ETS) and American Institute of Architects (AIA) will continue their alliance to help architects better utilize federal, state and local tax incentives, including 45L credits, research, and development (R&D) tax credits, Historic Tax Credits, and the Energy Efficient Commercial Building Deduction (Section 179D).

As part of the partnership, ETS will continue to provide consulting services to AIA architect members and firms to help them better use incentives they are eligible to receive. ETS is the only licensed engineering firm specializing in tax-related incentives with the ability to serve AIA members.

AIA members will also be provided with educational information on AIA’s website regarding the rules and benefits of R&D credits, the 179D deduction, and other federal tax code provisions.

Founder and CEO, Julio Gonzalez, states, “Our broad service offering can make a significant impact for those with qualifying design activity, to help reduce tax liability, thereby allowing firms to reinvest those funds into corporate growth, employees and innovation.”

AIA and ETS, both advocated for the creation and continuation of Section 179D deductions, which was extended in December 2019. Congress passed a budget agreement that included the Energy-Efficient Commercial Buildings Deduction (179D) through Dec. 31, 2020.

Their joined efforts will help ensure the continual extension and retention of these incentives for the AEC industry.

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