The IRS Research and Development (R&D) tax credit is a valuable opportunity for practicing architects to potentially save money on their taxes. By understanding how this tax credit works and how to qualify, architects can potentially save thousands of dollars on their tax liability. To qualify for the R&D tax break, an architect must be […]
The Seven Most Common Bookkeeping Mistakes Made by Small Firm Architects
By Kimberly Burgraff, Director of Studio Services Bookkeeping (A Division of Charrette Venture Group) I’ve sorted through a lot of messy books in the 17 years that I’ve been in the accounting industry. It’s completely understandable that non-bookkeepers struggle with accounting best practices. How would an architect know that supplies purchased for a project shouldn’t […]