Back to School Tax Savings
Our Central NJ client operates a for-profit academy for special needs children. The building is 5000 square feet on 3 stories and covers 0.6 acres of land. It was purchased… Read More »Back to School Tax Savings
General Announcements
Three is a Crowd Pleaser
We worked on a three unit rental property that was purchased for $735,000 in Bergen County, NJ. The units are already rented out and they are looking to put some renovations… Read More »Three is a Crowd Pleaser
Don’t Be Alarmed With the R&D Tax Credit
Our client is a New York City alarm installation and monitoring company. They have just under 50 employees and around $5 million in revenue. While most of the work is… Read More »Don’t Be Alarmed With the R&D Tax Credit
Beach Bungalow Bonus with Accelerated Depreciation
Our client renovated a small bungalow complex of 9 units at a NJ Shore location. After renovating the 9 dilapidated stand-alone single, 2 and 3 bedroom units they spent a… Read More »Beach Bungalow Bonus with Accelerated Depreciation
Artificial Intelligence in Finding Cancerous Cells wins R&D Credits
Our client is a pre-revenue startup in New York City who is integrating various technologies to help in finding various cancerous cells and tumors in its earliest stages. They’ve had $2.5… Read More »Artificial Intelligence in Finding Cancerous Cells wins R&D Credits
Boat Loads of Income Tax Savings via Accelerated Depreciation
Our client purchased a large lake house for $1.6 million in NY State as a rental/investment property. We worked with the CPA and found $111,000 of income tax savings for… Read More »Boat Loads of Income Tax Savings via Accelerated Depreciation
Apartment Complex is a Mint for Income Tax Saving
Our real estate investment group client in central NJ came to us with a $34 million luxury apartment complex. The 4 story, 40 rental unit property has amenities including a pool,… Read More »Apartment Complex is a Mint for Income Tax Saving
Give Credit to NY State Life Sciences: Federal and State Credit for Medical Startups
We’re an R&D Tax Credit practitioner whose focus is on the federal program. We were happy to work with a medical startup using the credit to offset the FICA portion… Read More »Give Credit to NY State Life Sciences: Federal and State Credit for Medical Startups
Hard Company Easily Taking the Employee Retention Credit (ERC)
Our client outside of Philadelphia in Southern, NJ makes things hard by coating materials for the metal cutting industries. They did take the Paycheck Protection Program (PPP) Loan and revenue… Read More »Hard Company Easily Taking the Employee Retention Credit (ERC)
Mixed Use = Great Results with Accelerated Depreciation And Cost Segregation
Our client recently bought a mixed use office/apartment building for $750,000 in Central NJ. The acquisition included 4 small offices on the first floor and 2 apartments on the second… Read More »Mixed Use = Great Results with Accelerated Depreciation And Cost Segregation