Federal tax services
Maximize your federal tax benefits
In today’s competitive business environment, maximizing cash flow and containing costs are top priorities for business owners. As a taxpayer, you know that federal taxes are typically your largest tax burden, directly affecting your profit margin and net worth.
Federal tax planning strategies built around your business
There are several federal tax planning strategies that can help minimize your tax burden, but they may not all work for you or your business. Sikich’s business tax consultants can help you understand not only how federal taxation impacts your business but also how proven strategies can maximize your short- and long-term tax savings.
Entity Structuring
How an entity is structured has a direct impact on business success. Sikich will work with you and your other professional service providers to analyze the situation and assist you in determining which structuring options would best meet your objectives.
Tax Credits
Tax credits can provide substantial business tax benefits. Understanding what credits are available and what it takes to qualify for these credits can ease your tax burden and help improve company cash-flow.
Strategic Tax Planning
Approaching your business from a strategic mindset can make your business stronger now and into the future. Sikich’s consultative approach and industry expertise can help position your business for long-term success.
Partnership Tax Planning
Forming a partnership can create great flexibility as well as great complexity. Understanding partnership tax law and making it work for your business situation can create huge success. Sikich’s partnership expertise can be a significant key to unlocking that success.
Cost Segregation Studies
A cost segregation study is an analysis of all costs associated with the acquisition or construction of a building or significant improvements to an existing building. The primary benefit to the business is the increase in cash flow due to the additional depreciation expense realized in the first five to 15 years. The reduction in income taxes caused by the additional depreciation expense in the early years results in actual cash savings. Business tax consultants at Sikich can determine your eligibility for cost segregation benefits.
