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Taxes

Expense Reduction Services

R & D Tax Credits

Supported by IP attorneys with engineering backgrounds, an increasing number of prior and future expenditures costs can qualify for credit which averages $25,000 per $1,000,000 in total company payroll. Qualifying expenditures can include manufacturing, new product design / development, patent development, and software development or improvement. Clients receive first in class documentation in compliance with the IRS Project Approach requirements.

Property Tax Mitigation

A success-based valuation review of real and personal property tax assessments for property owners paying over $50,000 a year in real or personal property taxes.

Real Estate Cost Segregation

Engineering-based cost study to accelerate timing of depreciation expense resulting in cash flow benefits. Reclassification percentages vary by type of building but typically average 20-40%.

Hiring Incentives

Employer's claim about $1 billion in WOTC tax credits per year for hiring employees in targeted groups. Employers can earn a tax benefit of up to 40% of first year wages.

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