https://capstantax.com/rd-tax-credits-for-engineering/

R&D tax credits offer engineering firms a valuable opportunity to fuel innovation by reducing the financial burden of research and development efforts. These incentives offset expenses related to developing new technologies, refining processes, or overcoming technical challenges. By leveraging R&D tax credits engineering firms can reinvest in future projects, accelerate growth, and maintain a competitive edge. Harnessing the power of these credits not only boosts profitability but also supports the pursuit of groundbreaking technological advancements.