Why Are Tax Credits More Important Than Ever?
A mid-sized manufacturing company specializing in high-quality industrial components, was facing significant financial pressure due to increasing operational costs and a heavy tax burden. They needed a solution to free up capital for new equipment and workforce expansion.
The company was unaware of the numerous tax credits available to them. They were missing out on opportunities to reduce their tax liability and reinvest in their business.
Our tax credit experts conducted a quick comprehensive review and analysis, at no cost to the them, of company’s operations with and identified several qualifying activities, including R&D, property tax mitigation, accelerated depreciation, and hiring incentives and savings that total $500,000 and reduced their tax, working with their tax professional, by nearly 30%.
By leveraging these tax credits, manufacturing company not only alleviated their financial strain but also positioned themselves for future growth and competitiveness in the industry.
Expense Reduction
Work Opportunity Tax Credit, Disaster Employee Retention Tax Credits, R&D Tax Credit, & Worker’s Comp. Mitigation.
The Government Offers Many Ways to Reduce Expenses & Taxes On Things That You Already Do.
Tax Incentives
Cost Segregation and Property Tax Mitigation.
Tax savings solutions that can temporary eliminate taxes for a business or greatly reduce business tax expenses.
Pre-Tax Health Savings Plan
A Section 125 pre-tax health savings plan that helps businesses save thousands in payroll taxes — while boosting employee
pay and retention. Easy to implement, IRS-compliant, and costs your business nothing out of pocket.
