It goes without saying that tax-saving ideas are at the forefront of every business owners’ mind. Most federal, state and local tax incentives are offered under many conditions and the Dean Dorton tax team can help you identify the tax credits and incentives that best apply to your business.
Many growing companies believe that their company qualifies for a research and development (R&D) tax credit. However, documenting R&D activities in a way that meets the stringent IRS requirements or state taxing authorities is complicated and time consuming. As a result, companies may not receive the R&D credit they deserve or potentially even worse, do not qualify for R&D credit at all.
Tax credits can certainly help improve cash flow, offset business costs, and reduce tax liabilities. Dean Dorton’s tax team works together with our clients to maximize the effect of credits and incentives on our clients’ bottom line. From helping you identify and effectively document qualified R&D activities to notifying you of new or expiring tax credits and incentives, our collaboration can help your business to continue to achieve success.
Our tax credits and incentive services for businesses include:
- Credit review services
- Tax credit computations and compliance
- R&D credit calculations, studies, and reviews
- Site selection and location analysis
- Incentive negotiation services
- Project management services
- Audit defense
The combined resources and experience of our dedicated tax team will help you find every credit and incentive available for your company to expand, relocate, consolidate, hire and train new employees, and/or research new products and services.
Your company may be eligible for many tax credits or incentives including, but not limited to:
- Headquarters tax credits
- Jobs/Hiring tax credits
- Investment tax credits
- Research tax credits
- Energy tax credits
- Work Opportunity Tax Credits (WOTC)
- Ports tax credits
- Inventory tax credits
- Training tax credits and grants
- Transferable or saleable credits
- Sales tax credits or exemptions
- Location-based incentives
- Property tax abatements
- Subsidized land/building
- Infrastructure grants
- Public financing
- Utility discounts