One of the most overlooked opportunities for businesses is tax incentives. Tax incentive services require a specialized accounting process and many CPAs/Accountants are not specializing in this area. The reason for not providing these services are: the tax laws are complex; and the inability to have the time to help their clients without creating an audit for their clients only adds another layer of liability.
At Grove Financial Group Inc., we provide services to clients throughout the United States to identify Specialized Tax Incentives, Expense Reduction and Financial enhancement opportunities; supplemented with opportunity to add access to capital to finance business growth and development.
Over 97 percent of all business owners are not aware of the changes in the tax laws that enable them to reduce their tax bill now.
We specialize in the following areas:
- Reductions in Property Taxes,
- Insuring you are getting your R&D Credits,
- Cost Segregation,
- WOTC – Workman’s Opportunity Tax Credits, and
- Hiring Tax Credits.
We compliment your CPAs/Accountants effort by working with them to allow our experts to guide the process of getting you your maximum refunds.
Property Tax Mitigation
Free survey to business owners, if your Commercial Property:
• Was purchased or built within the last 20 years, with $500K or more in cost,
• OR, has renovations/improvements within the last 20 years of $250K or more in cost,
• AND, has paid federal taxes within the last 3 years, or plans to in current year.
The tax benefit to you and your firm can be reduced significantly with just a 15 minutes survey.
Work Comp Audit
Our Work Comp Audit identifies and recovers workers’ compensation premium overcharges by reviewing the past five to seven years of classifications, experience rating calculations and premium audit calculations. Industries that have an average workers compensation premium of $50K or above. Companies that have operations in more than one state increase the opportunity of recovery a refund substantially. Our experience indicates that over 70% of all companies have been or are currently overcharged for their workers’ compensation premiums.
Credit Card Audit
Our Credit Card Audit focuses solely on expense reduction within the payments industry. Have you or your firm processed annually in excess of $300,000 in card payment volume. We are not in the business of replacing your credit card services, but to mitigate the cost.
Business owners may save from needless costs in waste disposal billing by analyzing services and producing the most cost-effective solutions. Companies that have a waste expense in excess of $500.00 per month in waste and/or recycling fees qualify for reduce payments. The tax benefit to you and your firm can be reduced significantly with just a 15 minutes survey. Call for a free survey today at (888) 676-0196.