There are over 7,000 Federal Incentives available for Businesses! And 38 States have their own versions of Tax Incentives. Our expert CPAs scour the 5,000,000 words in the Tax Code AND every State incentives and rebates available to you to maximize your ability to receive these credits.
Our Team of experts work diligently to identify the available Federal and State credits and incentives for our clients. These may include incentives such as the Research and Development Credit, the WOTC (Workers Opportunity Tax Credit) Energy Efficient Commercial Building Deduction (179D) and Cost Segregation services.
We use these processes and technologies that allow us to conduct a free analysis of the incentives and credits that may be available to you and your small business. These processes provide for an effective and efficient incentive study. Our analysis focuses on identifying & documenting qualified research costs throughout your business. These research costs include but are not limited to wages, supplies, outsourced contract research expenditures, and quantifying qualified research expenditures. We have leveraged our extensive experience to develop an efficient process that is designed to effectively calculate, authenticate and substantiate your research incentives in a manner accepted by the IRS as well as State & local governments.
Our core services include:
- R&D Tax Credit
- Employee Retention Credit
- Energy Efficient Commercial Building Deduction – 179D
- Cost Segregation Services
- WOTC Hiring Credit
- All Available State Incentives (if applicable)
We can typically go back three years for Federal and four years for State to collect your credits.
HOW MUCH HAVE YOU OVER PAID?
The biggest reasons for small businesses not taking advantage of the Federal and State tax credits is self-censoring and their Tax CPAs. Prior to the PATH Act, the traditional method of calculating and filing for the credit was a process that was not worth the effort for small business owners and their tax advisors alike. Now, thanks to the new broadened terms and calculation methods, along with the ability to lookback 3-4 years and amend returns, business owners are putting substantial dollars back into their business. By going through the Business Qualification Process with your consultant and providing our CPAs with pertinent tax filing information in accordance with your business structure, we can conduct an Incentive Analysis free of charge to see if your business qualifies.