What We Can Do For Your Business
Our goal is to increase your profits and business valuation. We can help you double your profits in two years if you implement all of our strategies. Our business clients have benefited from 3.5 billion in tax savings over the past 25 years. Our due diligence expertise ensures you always receive best-in-class solutions Every tax strategy is based on IRS Code. We provide each business with audit protection. Many audits over the years and none of them have resulted in additional taxes for our business clients.
What We Can Do For Your Business
Our goal is to increase your profits and business valuation. We can help you double your profits in two years if you implement all of our strategies. Our business clients have benefited from 3.5 billion in tax savings over the past 25 years. Our due diligence expertise ensures you always receive best-in-class solutions Every tax strategy is based on IRS Code. We provide each business with audit protection. Many audits over the years and none of them have resulted in additional taxes for our business clients.
Lower FICA Taxes
Reducing FICA taxes by $500 per employee would alleviate financial burdens, fostering economic relief for both employers and workers alike.
Lower Income Taxes
We can help lower your taxes by 80% if you own a privately held company, the owners are paying a minimum of $500K annually, and you have a minimum of a dozen non-related employees!
Savings on Medical Insurance Premiums
Our customized solutions are tailored to bring you 15%-20% savings on your medical insurance premiums.
Lower Your Estate Taxes
Lowering Federal Estate Taxes by 65% enhances intergenerational wealth, empowers families, and fuels economic growth.
Savings on Workers Comp Premiums
Unlock substantial savings on Workers' Compensation premiums, up to 20-50%, through our expert strategies tailored to your business.
Reduce Your Capital Gains Taxes
We have various strategies. The cost is as little as 1%. You keep the proceeds from the sale of a business or highly appreciated real estate.
RESEARCH & DEVELOPMENT TAX CREDIT
The R&D tax credit is a strategy that provides an immediate source of cash. Your company may qualify for the credit if you have invested time, money and resources toward developing new products, improving existing products, developing new materials, building and testing prototypes and models, developing new or improved software applications, testing new concepts, experimentation and more. The credit is not a deduction—it is an actual dollar-for-dollar credit against taxes owed or paid.
COST SEGREGATION STUDIES
If you own or lease a building, cost segregation is a powerful strategy that uses a detailed engineering-based analysis to reduce federal taxes. Cost segregation provides accelerated depreciation benefits, improved cash flow and reduction of tax liability. Any building that has been constructed, acquired or renovated in the last 15 years, by a tax-paying company that does not show an operating loss or that will be profitable in the near future may qualify. For assets placed in service in the last few years, there may be special bonus depreciation for shorter life property.
LIFO INVENTORY ACCOUNTING
For businesses that carry inventory of $3 million or more, implementing the LIFO inventory method can generate much-needed cash. LIFO subtracts inflation from inventory costs, reducing ending inventory value, increasing cost of goods sold and decreasing taxable income. As the cost of acquiring or producing inventory grows in subsequent years, so too will the cash savings generated from LIFO.
STATE AND LOCAL TAX
Understanding your state and local taxes (SALT) is key to ensuring compliance and reducing costly penalties. Whether you’re running an e-commerce business, expanding across state lines, or hiring remote employees, you need to be certain of your state and local tax obligations. Multi-state companies should be preforming business nexus studies to determine what states they have to file sales and income tax returns. Companies that haven't complied the past need to understand the benefits of voluntary disclosure agreements and how they can mitigate your liability. Larger companies may have opportunities for savings through tax exemptions, credits, or deductions, thus reducing the overall tax burden.
Risk Assessment Tools
EXIT PLANNING
The focus of exit planning is on increasing the value of the business.
Increasing the value of your business will increase your profits!
Less than 30% of businesses
actually sell.
Exit Planning is a team sport. The most successful business transitions occur with a solid team of trusted advisors.
Questions to consider:
- What does success mean to you?
- Who are the people that matter the most to you?
- What are your main business, personal and financial concerns?
- What is the one thing that keeps you up at night?
- How do you plan to achieve your life’s vision?
- Do you want to keep growing or do you want to shift focus to exiting?
- Have you integrated risk management into your business model?
- What is your Wealth Gap? (cont. next page)
- What is the strength of your intangible capital?
- What is your biggest pain point and biggest desire?
- Do you understand the value of your business today?
- Is your business ready to transition?
- What deal structure are you looking for when selling?
0
of business owners have no formal transition team of advisors
0
of business owners do not understand their available exit planning options
0
of business owners do not have a plan, or have not communicated their plan
