Unlocking $800k Through 3 Specialty Tax Strategies
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.
The Research and Development (R&D) Tax Credit remains a valuable tool for businesses investing in innovation. While it’s not a new incentive, recent changes, especially the One Big Beautiful Bill Act (OBBBA) and updates to IRS Form 6765 make claiming the credit more complex, yet potentially more rewarding.
For most CPAs, tax season is a sprint—one that rarely leaves room to explore opportunities beyond core compliance. While specialty tax strategies such as cost segregation, R&D credits, and utility sales tax exemptions can create substantial savings, they’re often underutilized.
In manufacturing, fabrication, food production, recycling, and other energy-intensive industries, utility exemptions can create immediate cash savings and ongoing monthly reductions that directly impact profitability.
