Tax Mitigation

Do you know any business owners that think that they are NOT paying enough in taxes?  Nope?  Didn't think so.

Have those same business owners ensured that they have fully mitigated their tax exposure?  Probably not.

For a business to realize its full profit-making potential, it's important for owners to take full advantage of the specialized tax incentive/credit programs that have been put into place by the U.S. Department of Treasury to ensure that they remain competitive.

Businesses that own property, invest in R&D (research and development), or are hiring employees are doing themselves a disservice if they are not taking advantage of the following to determine if they qualify for savings:

  • Cost Segregation Study: engineering-based study that classifies building components into asset classes (based on their useful life) to maximize depreciation benefits
  • Property Tax Review: review of both real estate and equipment to ensure that tax assessments aren't inflated
  • Payroll Tax Review: review of business activities and hiring activity to ensure that applicable tax credits are being claimed

 

We work with business owners, and their trusted advisers, to ensure that all applicable tax savings opportunities are being taken advantage of.

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