Mark Echols

Mark Echols
Mark leads CTI’s national research and development (R&D) tax credits practice and is involved in all aspects of providing R&D tax credit services to his clients, including: conducting high-level R&D tax credit feasibility analyses, managing complex and comprehensive R&D tax credit studies and defending R&D tax credit claims under IRS and state taxing authority examinations.
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Recent Posts

A&E Firms: 3 Ways To Stay Off The R&D Tax Exclusion List

Written by Mark Echols. Updated Apr 27, 2017.

Architectural and Engineering (A&E) companies can realize the benefits of the R&D tax credit if they know which research activities are eligible for the credit.  Several activities that are conducted by A&E firms might, at first review, seem like qualified activities, but are actually ineligible types of company activities.

Below are some of the key activities that are not eligible architecture and engineering activities that A&E firms need to be aware of when identifying and calculating their research activities and credits.

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Why Making The R&D Tax Credit Permanent Means More Money In Your Pocket

Written by Mark Echols. Updated Apr 13, 2017.

The research and development tax credit was founded in 1981 as part of the Economic Recovery Tax Act to help companies remain competitive. Recognized as a permanent tax credit as of January 1, 2016, companies can apply for one of the most valuable tax solutions, research and development tax credits – providing a dollar-for-dollar reduction in tax liability. Businesses are able to hire more engineers, scientists and software developers with the tax savings they gain from this credit. Additionally, the credit allows companies to buy more supplies and materials.

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5 A&E Firm Activities That Qualify You for the R&D Tax Credit

Written by Mark Echols. Updated Mar 2, 2017.

Architectural and Engineering (“A&E”) firms may be able to take advantage of the credit for increasing research activities (“R&D Credits”) under Internal Revenue Code §41, if they know what activities and expenses are eligible for the credit.  The two key questions taxpayers should be asking themselves are 1) what activities at my company are eligible for the R&D credit and 2) are the R&D expenditures related to those activities properly identified and captured.

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Research and Development Tax Credit: Maximize Your Tax Savings

Written by Mark Echols. Updated Feb 16, 2017.

Tax incentives such as the R&D tax credit have the potential to significantly increase your company’s savings when you capture all qualified research expenses. Every year, the research and development tax credit accounts for billions of dollars in federal and state benefits for companies that have qualified research expenditures. Therefore, work with a tax expert who can advise you on specific tax savings strategies when you are unsure of the documentation required, statutory deadlines and which research expenses qualify.

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