Credits and Exemptions (The Value of These Services)

Credits and exemptions are the most valuable products because they reduce taxes dollar for dollar. Deductions are useful and give a Federal tax benefit of 21 cents on the dollar. Similarly, exemptions from sales/use taxes or property taxes can be very useful in managing the tax expense. It’s important to realize that income taxes at …

Cost Segregation

Cost Segregation, under the current tax law, is irrelevant and the time has passed for a normal cost segregation study. However, the reality in tax is that things change constantly, both through Congressional action and tax litigation. So it is well to keep this method in mind for when the changes come and cost segregation …

Government Relations

Often, taxpayers need to lobby for better tax treatment under the current tax codes (e.g. the Federal, state and local tax codes). Lobbying has a bad reputation because of abuses. On the other hand, there is no way to get a better tax treatment than to go before the representatives and senators at the Federal …