Tax Incentive Opportunity
Property Tax Mitigation
By conducting engineering-based cost segregation studies, commercial real estate owners are able to reclassify real property for depreciation purposes and reclassify it as personal property, which leads to a more rapid depreciation of personal property. By accelerating the tax life of assets, significant cash flow benefits are achieved in both current and future years through considerably shorter depreciation periods and methods. These studies are not restricted to situations involving the construction of new buildings or renovations of old ones. Over 75 percent of our projects utilize the "catch up" method, which can produce significant results when working on older properties. The vast majority of building owners and CPA's do not have extensive expertise in Cost Segregation. An untold number of owners are neglecting to take advantage of this valuable tax-reduction strategy. In order to carry out this work, we first do a consultation and compile a feasibility report to calculate the cash flow and net present value (NPV) benefit that can be expected. Our professionals evaluate your current tax status, and your future business plans along with your CPA to determine if a full study would be of benefit. Outside of income taxes, the single largest recurring charge for commercial property owners is property taxes. In most states, owners are required to pay taxes on both their real estate and their personal property. These charges are often an immense expense and a constant hit to the bottom line. Also, to ensure you are not being overcharged on your property taxes, a specialist with extensive market experience in valuation tax and tax law is needed. Our experienced team of professionals in mitigation, valuation, assessments, and law will work on your case. This way he will identify any potential opportunity for refunds and/or reductions in your current property taxes. We perform all the work on your behalf until savings are captured, including participating in hearings and filing necessary paperwork. act as an extension of your company towards the governing property tax bodies.
Increased Your Cash Flow
We Do the work on your behalf
Potential refunds for prior taxes & Reduce tax burden going forward
R & D Tax Credit
The Research & Development Tax Credit was originally enacted as a Federal Tax Program in 1981. It was designed to encourage American investment in innovation. In 2004, tax regulation changes significantly expanded this credit opportunity, which is available to many small and medium sized companies whose activities include design, manufacturing, and process improvements. Also, companies that qualify for this program get significant tax credits based on activities related to developing or improving a product and/or process. Our team of highly qualified professionals, which includes attorneys with engineering backgrounds, adheres to the Comprehensive Project by Project Approach methodology required by the IRS. By following this methodology, we qualify every applicable employee, activity, hour spent, and corresponding wage paid in order to maximize the incentive for your company. We strictly adhere to the applicable sections of code and provide comprehensive documentation to substantiate our findings.
Immediate Cash Flow Increase
Find Credits That May be Overlooked
Qualify Every Applicable Area & Maximize Your Incentives
Workforce Hiring Incentive
Hiring tax incentives are available to companies that are growing and creating new jobs. Companies that are experiencing a high turnover in a given year. As well as companies that have seasonal employment swings such as retail chains, warehouses, manufacturers, restaurants, hotels, and motels. Our experts are here to provide guidance on how to maximize the incentives you receive when hiring employees, including summer youths, new adults, and new disabled veterans, as well as benefits for each new long term family assistance recipient hired over a two-year period. Some of the programs we look into on your behalf are the Work Opportunity Tax Credit, Hiring Incentives Restore Employment Act and the Small Business Jobs Act. The Path Act of 2015 has significantly expanded the platform of Hiring Incentives. Finally, local, state, and federal tax incentive programs allow employers to reduce taxable liability of private-for-profit employers for the hiring of qualified individuals.
Hundreds of Interchange rates
WITHOUT changing processors