Unlocking $800k Through 3 Specialty Tax Strategies
Align Tax Consulting • December 10, 2024
Midwest-based industrial equipment and component manufacturer operates out of a 100,000 sq foot facility and has an annual revenue of $25M. Despite steady growth, leadership noticed that increasing operational costs were hindering innovation.
Thank you for signing up for Align's monthly newsletter, Tax Savvy! We promise to send you relevant, useful, and occasionally funny information - to keep you up to date on all things specialty tax.
The Align Tax Team
Oops, there was an error sending your message. Please try again later
Real estate investors planning to sell a property within a few years of acquisition or construction should understand how depreciation recapture affects their tax strategy. In this article, we’ll explain the basics of depreciation recapture and explore strategies to minimize its impact with the help of cost segregation experts and tax professionals.
Cost segregation may not yield immediate tax savings for all passive investors, but with thoughtful planning, it remains a highly effective long-term strategy. By understanding potential pitfalls—such as passive loss limitations—and seizing opportunities like future tax savings and portfolio-wide planning, passive investors can enhance their returns over time.
Running a restaurant is both an art and a science—balancing great food and service with the challenges of rising costs, tight margins, and unpredictable cash flow. These 2 Tax Strategies can help...
Along with our new name and fresh brand identity, we’re expanding our services to include additional specialty tax services such as Cost Segregation, Energy Efficiency Deductions, R&D Tax Credits, Fixed Asset Consulting, and other niche tax-saving strategies.
With a supportive Senate, Trump’s administration is more likely than not to bring changes to tax law. Although no new legislation has been passed yet, tax preparers and taxpayers should stay attuned to developments in Congress and prepare for potential shifts in tax policy over the next year.
Federal tax strategies like cost segregation studies offer powerful ways to minimize tax liability, but their true value lies in their proper application.