How CPAs Can Help You Maximize Your Tax Deductions
No business eagerly awaits the opportunity to pay more in taxes and have less to invest back into the business or take as profit. In fact, every business would like to pay as little as possible, within the confines of the law. The business tax landscape is a minefield – complicated, fluid from year to year, and sometimes subject to interpretation. It would not be possible for businesses to minimize their tax burden without the help of CPAs.
How Do Small Businesses Leverage Energy Modeling Reports?
The SBA 504 Green Loan offers businesses up to $5.5 million per project with no cap on total borrowing for energy-efficient upgrades. To qualify, companies must reduce energy usage by at least 10%, generate 15% or more from renewables, or achieve LEED certification. An energy modeling report from National Tax Group (NTG) ensures eligibility by simulating energy use and savings without requiring a site inspection. With long-term rates under 5% and financing covering up to 90% of project costs, this program makes sustainable improvements both affordable and beneficial—helping businesses save money while reducing their carbon footprint.
Potential Tax Law Changes in the New Trump Administration
With potential business tax cuts and the possible repeal of green-energy incentives, 2025 may be the last chance to claim the 179D deduction at its full value—up to $5.81/SF. Businesses with energy-efficient buildings should act now to secure maximum savings before changes take effect. Similarly, the R&D Tax Credit remains in flux, with uncertainty over immediate expensing. National Tax Group (NTG) provides expert risk assessments, cost segregation studies, and energy modeling to help businesses optimize their tax strategy and maintain cash flow, regardless of legislative shifts.
7 Essential Tax Planning Questions Every Small to Medium Business Owner Should Ask Their Tax Provider for Q1 2025
Navigate Section 174 challenges with NTG Mutual’s 174 Coverage. Discover solutions for managing R&D expenses effectively under new regulations.
Update on Uncertainty: The Future of the R&D Credit
In a pivotal moment early last month, the Senate blocked bipartisan legislation that aimed to restore and expand key business tax provisions, including the vital research and development (R&D) tax credit. This vote has left American businesses in a precarious position, as the tax package also sought to address bonus depreciation and interest expense limitations. […]
Unleashing the Power of R&D Tax Credits for Manufacturing Businesses
As a manufacturing business leader, you’re constantly striving to stay ahead of the competition and drive innovation. But are you fully leveraging one of the most powerful financial tools at your disposal? The Research and Development (R&D) Tax Credit is a game-changer that can significantly boost your bottom line, yet it’s often overlooked. Let’s dive into how this underutilized incentive can fuel your company’s growth and innovation, and why you need to act now to maximize your benefits.
How Architects and Builders Benefit from the Section 179D Tax Deduction
Possessing or running more energy-efficiently built or renovated buildings may boost your cash flow by lowering your federal income tax obligation for the current year. Designers of buildings owned by the government can also often benefit from this tax-deferral method.
Unmasking Misconceptions About Cost Segregation
Cost segregation studies are a powerful tax planning strategy that can lead to tax savings for property owners. However, several common misconceptions persist despite their benefits, causing many to miss out on the potential advantages.
Let’s debunk these myths, helping you make informed decisions and maximize the benefits of cost segregation.
Boost Your Client’s Business with Cost Segregation: Unlock Hidden Tax Savings
Tax Day has come and gone, but dedicated CPA firms have already started planning how to reduce your clients’ business tax burden for next year. One powerful, often overlooked strategy is cost segregation, a method that can significantly increase your clients’ cash flow and reduce tax liability by reclassifying assets into shorter tax lives, thus accelerating tax depreciation write-offs.
Unlock Peak Efficiency with Energy Modeling: The Key to Driving Environmental Sustainability and Cost Efficiency
Understanding your building’s energy consumption before construction is vital. Energy Modeling and performance estimations allow stakeholders to gain control over potential energy expenditures, ensuring smarter, more informed decisions.