Join Jill Mazur from Engineered Tax Services in this enlightening webinar as we embark on a treasure hunt for hidden cash within your business through various tax incentives and strategies. Discover how to maximize your tax savings with R&D tax credits, cost segregation, energy incentives, and more. Whether you're a small business owner or a financial professional, this video will guide you through the maze of tax mitigation strategies to keep more money in your pocket. Don't miss out on these valuable insights that could transform your financial landscape. Subscribe for more expert financial advice and tips.
Are you sitting on a gold mine without realizing it? In this high-energy session, Jill Mazur, CPA and Director at Engineered Advisory, takes you on a “Treasure Hunt” through the IRS tax code. Discover how to stop “tipping” the government and start keeping your hard-earned cash to hire new staff, expand facilities, and increase your bottom line.
Using the real-world example of ABC Manufacturing, Jill demonstrates how one mid-sized company unlocked $1.5 Million in total benefits by stacking the right incentives.
The Treasure Map: Key Incentives Covered
1. The R&D Tax Credit (The “Development” Credit)
Think R&D is only for scientists in lab coats? Think again. Jill explains why you should focus on the “D” (Development).
- Who Qualifies: From banks building apps to engineers solving structural problems and farmers improving crop yields.
- The “Balloon” Concept: Learn how Section 41 (R&D) and Section 174 (Amortization) interact and why the credit is more valuable now than ever.
2. Cost Segregation: Shaking the Dollhouse
Imagine turning your building upside down and shaking it. Everything that falls out (carpeting, fixtures, specialized plumbing) can be depreciated faster.
- Accelerated Depreciation: Move assets from a 39-year life to 5 or 15-year lives to lower your net income and tax liability.
- Bonus Depreciation: Understanding the current phase-out and how to maximize your “bang for the buck.”
3. Energy Incentives: 179D & 45L
The government loves “Green,” and they will pay you to build that way.
- 179D: Now worth up to $5.00 per square foot for energy-efficient commercial buildings.
- 45L: A tax credit for residential developers that has jumped from $2,000 to $5,000 per unit.
4. The “Hidden” Gems: IC-DISC & Grants
- IC-DISC: If you export goods, you are likely overpaying. Learn why “transaction-by-transaction” analysis can quadruple your benefit.
- Grants: A non-repayable “gift” to your capital stack. Whether you are a small business or a local municipality, learn how to match your project with federal and state funding.
