Redirecting Tax Incentive Cash Flow
Kuya William Peetoom, City Commissioner, Health Ins. Agent (CA)
City Commissioner, Senior Affairs | Health Ins. Agent (CA) ?? Champion for DBE Suppliers - Transformational Advocate for Net Positive Profit Results. Let's talk Business Growth, Development & Strategic Tax Savings.
How can we help?
The program that I would like to introduce is The Economic Recovery Act of 1981. This program was brought to the 97th United States Congress by Jack Kemp and it was mandated by Congress on August 13, 1981, under the Reagan administration. This program has been in existence for 38 years, sadly 19 out of 20 business owners do not know this program exists. Since the inception of this program, the incentives, refunds, and rebates that equal a cash payment have grown to more than 700 and continue to evolve. A business owner is eligible for these incentives, refunds, and rebates through the processes and behaviors they implement within their business. This could be for innovation, advertising, training, custom solutions, scientific data and measurement, research of the competition, ways to grow revenue, competitive analysis, modifications in software, CRM solutions and modifications, and hundreds of others. This program has been such a tremendous boost to the economy that now 43 states have their own version of The Economic Recovery Act of 1981. In 2015 under the Obama administration The Economic Recovery Act of 1981 has been made permanent under the Path Act. Each year Congress, through the mandatory budget process, earmarks $20 billion dollars in which is put into an incentive pool specifically set aside for business owners who claim the incentives, refunds, and rebates.
Our core services include:
● R&D Tax Credit
● Energy Efficient Commercial Building Deduction – 179D
● Cost Segregation Services
● WOTC Hiring Credit
Incentives & Credits
● Infusing cash into your business
● Creating and Protecting jobs
● Enhancing competitiveness
The R&D tax credit is arguably one of the most important incentives our government has created to help support American businesses.
If you pay for or perform services to develop or improve a product or manufacturing process, you may be eligible for an R&D credit. This is true at the federal level, state level in many municipal jurisdictions.
Inquiry for a complimentary consultation.
Contact: William Peetoom | [email protected] | PH 858.333.6893
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