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Debunking the Myths of Cost Segregation

Chances are slim that you’ve heard of what cost segregation is, and they’re even slimmer that you’ve heard the right things about it. According to the American Society of Cost Segregation Professionals, cost segregation includes identifying property components and assets under the federal tax code and assessing whether they qualify for accelerated depreciation, which lowers …

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Could Your Business Benefit from an R&D Tax Credit?

Your small or medium-sized company plays an essential role in generating the US economy. According to a report by the Office of Advocacy US Small Business Administration, small and medium enterprises create more than two-thirds of new net jobs. However, you may face harsher challenges on the business front than your more powerful and wealthier enterprise …

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Why the Work Opportunity Tax Credit (WOTC) could be the Relief Your Business Needs

COVID-19 has brought about a frightening situation for big and small companies. The lockdown imposed across the US has put an abrupt halt to many businesses. However, in these uncertain times, an increase in essential job opportunities has been seen. If you own a grocery shop or run a delivery service, you should look at the …

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