Cost Segregation Studies
Cost Segregation is a tool that allows companies and individuals who have constructed, purchased, expanded, or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes. Our studies range in size from 10,000 to over one million square feet, resulting in the deferral of hundreds of millions in taxes.
Green Building Tax Incentives
Federal, state and local governments have created and extended over 2,000 financial incentive programs to reward energy efficiency and the use of alternative energy in the design, construction, and improvement of buildings and homes. Our experts are qualified to certify and secure these lucrative tax and financial benefits.
Research & Development Tax Credit
The Research & Development credit program is a federal and state tax incentive designed to promote innovation in the United States. It allows companies to take credits for funds invested in research and development activities. Our experts allow qualifying companies to obtain maximum benefits by lowering tax obligations and increasing overall earnings.
Repair vs. Capitalization Review
The regulations are applicable to businesses in all industries that acquire, produce, replace or improve tangible property. Application of the new Repair Regulations requires an in-depth understanding of various tax cases and circumstances that must be met. Our experts are ready to identify and claim your missed deductions and help you conform to the new Repair Regulations.
IC-DISC Federal Export Tax Incentive
The Interest Charge Domestic International Sales Corporation (IC-DISC) offers significant Federal income tax savings for making or distributing US products for export. The IC-DISC was originally created by Congress to promote export sales by allowing companies to defer income, with interest charged on the deferred tax. Now, the IC-DISC provides significant and permanent tax savings for producers and distributors of U.S. made products used abroad. Our experts are ready to reduce your import tax liabilities.
California Competes Tax Credit
The California Competes Tax Credit is an income tax credit for businesses that are expanding or relocating to California. California Competes is a tax credit program that Gov. Jerry Brown approved in 2013. It is a successor program to the Enterprise Zone Tax Credit which is phased out in 2014. In order to qualify for a portion of the allocation, the business must have expansion plans to create jobs in California over the next five years or be at risk to leave California. In 2014, the current allocation of tax credits available to businesses is $30 million. Our experts are prepared to represent and assist businesses who want to apply for the California Competes Tax Credit.