UNLOCK HIDDEN TAX SAVINGS

Fixed Asset Consulting

THE PATH TO UNLOCKING TAX SAVINGS

Services Offer

Repair vs. Capitalization Review

Properly categorize expenditures as deductible repair and maintenance expenses or capitalized depreciable improvements.

Retirement and Disposition Studies

Review, identify, and remove assets that are no longer in service that are on a company’s fixed asset schedule.

Change in Accounting Method Consulting

481(a) calculations to find “catch-up in depreciation” total

Preparation of draft Form 3115 and Draft to Form 3115 for change in accounting methods related to depreciation, Tangible Property Regulations, and 179D studies

Technical Guidance and Advisory

Bonus Depreciation Eligibility, Section 179 Expensing, Step-up-in Basis, Demolition of Property Treatment & Expensing; Passive Loss Limitations, Depreciation Recapture, Qualified Improvement Property, Code Section 163(j) Applicability, Change-in-use rules

Here's how our in-depth tax planning process works.

Initial Consultation

We start with a one-on-one consultation to understand your financial goals and tax situation. This helps me understand where you stand and sets the stage for building a tailored plan that aligns with your needs.

In-Depth Financial Review

Tailored Tax Strategy

Next, I design a personalized tax strategy that maximizes deductions, minimizes tax liabilities, and ensures compliance with the latest tax laws. My goal is to help you save as much as possible while reducing stress around tax planning.

Full Implementation

Once the strategy is crafted, we will handle the entire implementation process. You can trust me to handle the complexities, allowing you to focus on what matters most while I execute your tax plan seamlessly.

Quarterly Reviews

I provide quarterly reviews to track progress, make adjustments, and ensure that your strategy remains effective. This proactive approach keeps you ahead of any changes and ensures your financial plan stays on track.

Ongoing Year-Round Support

Allow Us to Determine If You Have Substantial Overpaid On Taxes

AND STOP OVERPAYING

WE REVIEW FOR APPROXIMATELY 1,500 TAX PLANNING OPPORTUNITIES

Below are Just a Few of the Broader Tax Recovery Opportunities That We Review

Cost Segregation

Our Cost Segregation Specialists would identify and reclassify assets. Our results are unmatched; we typically reclassify up to 40% of our client’s assets, providing significant tax savings.

Entity Structuring Review

Entity structuring analysis is the process of evaluating how an organization or business is structured. The structure a business chooses at the beginning of its existence will determine its legal obligations, tax burdens, financial operations, strategic planning, and operational processes.

Overlooked or Underutilized Deductions

Our income tax professionals review past returns, looking for missed opportunities. We have a vast database of the typical deductions broken down by industry to determine if the client utilizing ALL available deductions.

Review Accounting Methods

Federal Tax Accounting methods determine the timing of revenue, expenses, and treatment of inventory and fixed assets for tax purposes. Our income tax professionals conduct reviews of current accounting methods that can aid in planning to meet a taxpayer’s needs, whether to accelerate expenses to reduce taxable income and potentially create a net operating loss (NOL) or allow deferral of expenses in some cases where a taxpayer may wish to increase taxable income for credit utilization.

Fixed Asset vs. Repairs Review

Proper management and classification of fixed assets are critical to an organization’s tax management and compliance objectives. Improper capitalization of fixed assets can substantially negatively impact an organization’s balance sheet, resulting in missed tax savings and added compliance risks.

Our Fixed Asset Review Service provides a comprehensive analysis of fixed assets to determine current asset classifications, ascertain depreciation reported in prior tax returns, and identify potential asset reclassification to ensure every appropriate tax deduction available is claimed.

Tax Credits and Incentives Review

Our tax credit specialists will look for credits and incentives such as the Federal and State Research and Development Tax Credit (R&D), Work Opportunity Tax Credit (WOTC), Section 45L, Section 179D, Energy Investment Tax Credit, Disaster Zone Employment Retention Tax Credit, Federal and State Employment Zones Tax Credit, Differential Wages Tax Credit, FICA Tip Tax Credit, Small Employer Retirement Plans Startup Costs Tax Credit, and Small Employer Health Insurance Premiums Tax Credit. As opposed to deductions, tax credits are actual dollar-for-dollar federal and State credits available to businesses of any size. Many companies are unaware of the broad scope of activities that qualify for these credits. Evolving statutes, IRS regulations, and court cases continue to credit credit and incentive programs for an ever-widening range of qualified businesses.

Allow Us to Determine If You Have Substantial Overpaid On Taxes

AND STOP OVERPAYING

What Our Clients Say

Michael Brown

“We have been using their payroll services for years. They are reliable and efficient.”

Jane Locus

“Their tax preparation services saved us a lot of money. Highly professional and awesome people.”

Martin Frenandez

“The bookkeeping services provided by this company have been exceptional. Highly recommend!”

UNLOCK HIDDEN TAX SAVINGS