alliantgroup announces that it has been named an associate member of the Electronic Security Association (ESA).
Established in 1948, ESA is the largest trade association in the United States representing the electronic security and life safety industry. Member companies install, integrate and monitor intrusion and fire detection, video surveillance and electronic access control systems for commercial, residential, industrial and governmental clients. In cooperation with an alliance of chapter associations, ESA provides technical and management training, government advocacy and delivers information, advice, tools and services that members use to grow their businesses and prosper.
Federal and State Tax Incentives
"ESA is pleased to welcome alliantgroup into our association," said Merlin Guilbeau, ESA Executive Director and CEO. "Their firm's tax consulting services are valuable to companies within our industry and offer our members the potential to explore growth opportunities as well as other strategic business development initiatives."
As the largest association representing the electronic security and life safety industry, ESA members are often some of the best candidates for a number of federal and state tax incentives. Among the most valuable of these incentives is the Research and Development (R&D) Tax Credit - a federal, dollar-for-dollar tax credit that brings in an estimated $10 billion annually to U.S. businesses.
Development of Security System Solutions
ESA members are often among the absolute best candidates for the R&D Tax Credit"
The R&D Tax Credit is designed to specifically reward companies for making technical enhancements to their products or processes - or in the case of many ESA members and other electronic security providers, the technical work and experimentation that is done to design, develop or integrate important electronic security and life systems. For common activities such as the development of security system solutions (be it through design engineering, mechanical fabrication or hardware and software integration) or the integration of smart devices into network applications, ESA members can receive substantial tax savings through the R&D Tax Credit.
"It is an absolute honor to be joining a phenomenal organization such as ESA," said alliantgroup CEO Dhaval Jadav. "The integration of multiple systems within a private, residential or public facility is traditionally a necessary practice in the development of a broader electronic security system, and as a result of such technical activities, ESA members are often among the absolute best candidates for the R&D Tax Credit. I look forward to introducing ESA members to this fantastic government-sponsored incentive."
