Unlike Enron’s technique of hiding liabilities in shell entities, some business owners simply overlook valuable assets that can be secured with very little effort in most cases.
These overlooked assets often come in the form of unclaimed tax refunds associated with various federal and state tax incentive programs. These programs range from:
- Research & Development Credits
- Federal and State Hiring Credits
-Eco/”Green” Tax Credits
- Sales and Use Tax Credits and Exemptions
- Property Tax Refunds/ Exemptions
Current business owners, or buyer’s of these businesses, can obtain a significant economic advantage by documenting these refunds and working them into there business plan, exit strategy, or factor them into their acquisition strategy.
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