Unprecedented Bill Passed Directly Affecting Tax Incentives

Unprecedented Bill passed in the house mid year directly affecting our Specialized Tax Incentives. 
 

How does this Bill affect your INCOME?
How does this Bill affect your CLIENTS?
ONLY 20 DAYS LEFT UNTIL TAX SEASON

This tax season could be your most lucrative of all time.  We're prepared, are you?

See your business benefits now

Wisdom from Steve Jobs

"Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations." - Steve Jobs 

Improve your business now!  www.BusinessRefundEstimate.com

Technical based companies are excellent and often overlooked industries for the R&D Tax Credit.

The top misunderstandings about these firms:

*They don't qualify for the credit because they are not "Manufacturing"

*Section 41 was not designed exclusively for Manufacturers, although they are the most common client for R&D Tax Credits.  Qualification is based on activities performed by the company.  
In fact, Architectural, Engineering, and Construction (AEC) often qualify at much higher rates than traditional manufacturers.

*The Client is too small to qualify for the R&D Tax Credit

Note: Technical based firms may qualify even if well below the typical million dollar payroll threshold. The reason for this can be found in the way that the credit is calculated.

The credit is not based on total annual payroll, it's based on total annual payroll multiplied by what percentage of that payroll is a qualified activity for the credit based on the IRS definition of Qualified Activities.

This means that a $400K payroll for a technically based company could yield a higher tax credit than a $2.4M annual payroll of a general manufacturer.

The fastest way to determine if your business qualifies is to answer a few questions at

                           www.BusinessRefundEstimate.com

Does your business do WOTC? - Classified Ad

Such an easy tax credit that businesses can qualify for.

Merchants Realize an Average Savings of 21% on Processing Fees on Credit Cards w/o switching providers.

Credit Card Audit FAQ

This expense reduction service department is made up of payment industry experts whose mission is to provide transparency and expense reduction solutions to merchants who process credit card transactions. We are not a payment processor or merchant service provider. We partner and consult with merchants to achieve savings with their existing provider,eliminating the need for any changes or configuration to your existing business environment.

From auditing and analysis, to regular monitoring and reporting, to an ongoing commitment to processing optimization, we have the experience and expertise to be your ally in the payment industry, your advocate and advisor on best practices, and your partner in cost savings. Our success is based on measurable results, and our fees are only a percentage of your savings. We are the trusted partner in payment processing.

The Problem

The payment industry, and in particular, credit card processing, is complex. Merchants are faced with confusing statements, hundreds of various payment processing fees - including costly layers of discount rates, transaction fees and surcharges - in addition to the numerous processing options offered by merchant service providers, payment gateways, and other payment processing entities. Without an unbiased insight, a merchant can easily fall trap to unfair pricing and pay large fees to accept credit card payments.

Who Should A Merchant Trust?

When evaluating merchant processing services, a merchant understands their own business requirements for card acceptance, but often have to rely on a sales representative selling merchant services to provide honest information on merchant service plan types and pricing options. Competition for your business is fierce and most sales representatives are paid on commission for the fees generated by your processing. This has led to deceptive sales tactics in an industry known for its complexity and negative image.

Merchants asked to reveal their processing rate often tell us about their ‘qualified’ rate or an effective rate not inclusive of all provider fees. This misunderstanding is far too common for an expense that has significant impact on the operating margin of a business. The payment industry is complex. We can help.


Expense Reduction Solution

This two-phase approach to expense reduction is unparalleled in the payment industry. We correct the processing plan to reflect the most competitive plan type and rate, using formulated, specific asks of the existing provider. Our team then works with the client to further reduce the non-negotiable fees through processing optimization – where we help qualify payment transactions at lower interchange rates by passing through additional processing data.

Phase I We ‘right-size’ the account plan, placing the merchant on the correct plan type with the most competitive plan rate. Savings are immediately realized moving forward.

Phase II We implement ‘processing optimization’ where we help the merchant correct future transactions to avoid downgrades and satisfy Level 2/3 processing requirements.

We have tools to audit and analyze credit card processing, and we are uniquely positioned to secure the lowest possible card processing rate, ensure accurate billing, and help merchants reduce their overall payment processing expenses.

We are ready to make a difference to your bottom line by delivering maximum transparency and measurable results. Our experience and expertise in the payments industry, along with our proprietary auditing tools, will deliver unparalleled expense reduction results.

Merchants Realize an Average Savings of 21% on Processing Fees

Payment Processing Expense Reduction:

Continue using your existing merchant service provider

We work directly with the provider, on your behalf


Our two phase approach maximizes savings opportunity:



Phase I – we ‘right-size’ the account plan, placing the merchant on the correct plan type with the most competitive plan rate. Savings are immediately realized moving forward.

Phase II – we implement ‘processing optimization’ where we help the merchant correct future transactions to avoid downgrades and satisfy Level 2/3 processing requirements.


Our network of merchant services providers is immediately available should a merchant choose to obtain or switch processing services


We are a Partner Provider for the two largest payment gateways, Authorize.net and PayPal, offering wholesale pricing to merchants


Our team has the experience and expertise to recommend payment processing improvements, including:



Back-office accounting integration

E-commerce solutions

Card Present terminal and POS equipment

Payment gateway configuration and support

We  deliver Maximum Transparency with Measurable Results. See your results in seconds at  www.BusinessRefundEstimate.com

Just what the heck is W.O.T.C. and can I use it in my US business?

WOTC allows employers to claim a credit against their federal income tax liabilities for qualified employees. 

WOTC can also be used to offset AMT (Alternative Minimum Tax). Employers generally can earn a tax credit equal to 25% or 40% of a new employee’s first-year wages, up to the maximum for the target group to which the employee belongs. 

The average benefit per employee is $2,400.00 and can be as much as $9600.00.

That means potentially 10 qualified employees could yield a federal income tax credit between $24K – $96K. 

Additionally, WOTC credits may be carried back one year and carried forward 20 years.

Simply put, the WOTC reduces an employer’s cost of doing business and turns Human Resources into a profit center.  

www.yourwotc.com

Need a commercial loan? Then know this......

...lenders need a real Executive Summary with numbers and Personal Financial Statements.

This might help:

https://www.smartsheet.com/executive-summary-templates 

Larry G. Potter
Larry@YourWotc.com


PS: US Commercial Property Owners/Managers Wanted