Specialized Tax Studies

The IRS provides various tax credits and deductions to stimulate business investment. We provide specialized "engineering-based" studies to validate and capture these incentives on your income tax filings. Major studies are:

• Cost Segregation: Enables accelerated depreciation deduction for 5, 7, 15 yr. short life assets. This is often 25% or more of the building basis in first year.
• R&D Tax Credits: Investment in innovation qualify can for significant tax credits. R&D incentives are available for software development, payroll expenses related to R&D activities, the creation of new manufacturing processes, and product innovation, among others. Activities that would otherwise be considered “day-to-day operations,” such as designing new products or analyzing market trends, are eligible. Typically benefit is 6-8% of a company's annual eligible innovation costs.
• 179D Epact Tax Deductions & 45L Energy Efficiency Tax Credits. Tax benefits are available for energy-efficiency investments and enhancements. The 179D deduction allows building owners, REITs, architects, designers, engineers, and construction companies to claim up to $5.00/sf for energy-efficient buildings that meet labor standards.

Due to the complex tax codes and qualifying process, many of these tax benefits are missed. Our tax and engineering experts insure fully compliant studies that maximize these tax benefits. "No-cost" estimates of tax savings can quickly be provided . 

To find out more, visit https://engineeredtaxservices.com/services/?ref_id=nja3otu which explains the many studies and services available. Or contact me directly for a initial consultation.