Jacob Goldman


Energy Tax Savers, Inc. d/b/a R&D Tax Savers | Vice President & Chief Engineer


Track A: Implementing Energy Efficiency

Session A1: Federal, State, and Local Energy Programs

May 1, 2024 | 3:00 pm - 3:30 pm

Rewards for Eligible Company Business Activities: How Research and Development Tax Credits Propel Innovation in the Green Building Industry

A myriad of ways to benefit from the R&D tax credit have opened up with the Inflation Reduction Act (IRA). A year later, there are some updates. This presentation is designed to explain the recently expanded R&D tax credit and how it is utilized to increase innovation by building designers, engineers, and equipment manufacturers in the High Performance and Green Building Industries. We will discuss how the credit allows for increased experimentation with new energy technologies and green design methods, as well as how to identify R&D-eligible activities. We will cover how equipment manufacturers developing new and/or improved green technologies or conforming to LEED standards use the tax credit to buffer the risks associated with innovation. We will also explain how designers and end-users that incorporate these new technologies and methods into their processes can ease the initial cost of implementation and integration using the tax credit. We will be providing new strategies created by new legislation, for companies at all stages of the technology chain, to use the R&D credit to improve upon their products and processes more effectively. Building and equipment designer case studies that demonstrate these successes will also be provided.

Speaker Bio

Jacob Goldman, LEED, AP, is the Vice President of Energy Tax Savers (ETSI). He has a Bachelor of Science in Chemical Engineering from the University of Buffalo, and an MBA from the University of Maine at Orono.

He is the co-author of numerous articles, published in Building Operating Management, Worship Facilities Magazine, UNIT Magazine, Green Lodging News, International Parking Institute, Corporate Business Taxation Monthly, and Thomson Reuters. He has presented to hundreds of corporations, architectural firms, engineering firms, accounting firms, local chapters of USGBC, IFMA, BOMA, and AEE as well as national conferences of NFMT, NALMCO, IGSHPA, PIMA, and at the EMC Conference as well. Jacob has also been a consistent speaker at GE's Nela Park and Cooper's "The Source" in Peachtree, GA.