Posts Tagged ‘energy tax credits’

California and Federal Tax Refunds Overlooked by Many

Monday, March 1st, 2010

In today’s challenging economic period, business owners are looking for every way to reduce costs and increase cash flow and profits.

We continue to see businesses and their CPAs overlook extremely valuable tax breaks, including:

- Federal and State Hiring Credits ($500 to $15,000 per employee)

http://www.blakechristian.com/hiring_tax_credits.html

http://www.blakechristian.com/california_tax_incentives.html

- Federal and State Eco/ Energy/ Green Credits (10% to 50%)

http://www.blakechristian.com/energy_tax_credits.html

- Use of Interest Charge DISCs for Export Sales

http://www.alliantgroup.com/_ag/index.cfm/our-services/export-incentives/interest-charge-domestic-international-sales-corporation-ic-disc1/

- Evaluation of Compensation Structure Options to Minimize After-Tax Cash Outflows.  This includes taking advantage of the lucrative and flexible qualified retirement plan rules.

http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2008/CorpTax/Compensation.jsp

http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2007/CorpTax/Services.jsp

- Re-Evaluating Legal Structure of Business Operations to Minimize Taxes

http://www.taxguideonline.com/hcvt/

There is still time to claim many of these tax benefits on your 2009 tax returns. 

www.blakechristian.com

For Daily Tax and Economic Updates, please follow me on Twitter:

http://twitter.com/taxcredits_CPA

 

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Eco Credit Webinar – Friday, Jan. 22, 9:00 am PST – Energize Your Tax Planning With Energy/ Eco-Credits

Thursday, January 21st, 2010

http://www.blakechristian.com/energy_tax_credits.html

The above link and related articles will provide you with an overview of the wide-variety of valuable, but often overlooked, federal and state energy and pollution-control equipment credits.

These credits typically range from 10% to 50% of the “qualified” cost of the equipment (excluding installation) – but in some limited cases can be as high as 100% of the equipment cost.

Technology is changing at a rapid pace and so are the tax incentives.  New credits are being considered every week at the state and federal levels; therefore, it pays to do your research and fully understand these benefits before you make the capital investment.

These credits can dramatically reduce the cost of being an early adopter of these cleaner, yet more expensive, processes.

To participate in a comprehensive eco-credit webinar on Friday, January 22nd at 9:00 am  PST, or to access the archived webinar if you miss it, please click the following link:

http://www.cpelink.com/product/detail.php?p=1610