We hear this comment and question from every client;
- “I should FIRE my CPA for not doing this for me!”. The fact is there are OVER 5,000,000 words and over 50,000 pages in the Federal Tax code alone, not to mention the State Tax codes. Expecting your CPA to know all 5 MILLION words and memorize OVER 50,000 pages is like asking your family doctor to perform heart surgery on you. Most, CPAs are educated on “Taxes” not “Tax Incentives”. Section 41 of the Federal Tax codes is a very specialized area, not to mention the thousands of calculations for every SIC (Standard Industrial Code) in the U.S. So, DO NOT FIRE your CPA. A good CPA is worth their weight in gold! We work with your CPA to recover your over paid taxes.
- “How do some of the largest companies in the U.S. NOT pay federal taxes? I ask my CPA this every year.” The answer is: the Amazon’s of the world have teams of expert CPAs that scour all 5,000,000 words in the Federal tax code to find every penny in tax incentives and credits available to them.
The problem is (until now) the small and medium business owners do not have the Big 5 Tax firms coming to your door telling you “did you apply for the incentives and credits available to you?”
That is where we come in. We are experts at identifying, qualifying and quantifying. Once we do our work, we send it to our expert CPAs for them to confirm your qualification and then substantiate your case.
On average our clients receive over $30,000 back their first year and about $15,000 per year afterwards. If you have owned your business 15 years, you have overpaid your taxes to the tune of $300,000.00. Could $300,000 help your business thrive?