An extraordinary event – where you will be able to identify advisory services you can plug and play to better serve your clients.
See you at next year’s conference
August 1, 2023
Give us a call or drop by anytime, we endeavour to answer all enquiries within 24 hours on business days.
Stay tuned.
Description:
The insurance claim filing process is often intimidating and difficult, particularly for people who haven’t experienced any major damage to their property before. In this session Benny Wright will discuss how to get the most out of claim filings. Property ownership is often born out of investment opportunities or pride of ownership - shouldn't your clients be able to protect their wealth when disaster strikes?
Description:
Learn how clients can set up a charitable giving strategy to generate immediate income tax savings. An "iCLAT" is simply a trust that makes annual distributions to charity for a specified term of years and then, at the end of the term, distributes the remaining trust assets back to its grantor (i.e. the donor or the client). For legal and IRS purposes, an iCLAT is known as a "reversionary" charitable lead annuity trust, which is treated as a "grantor trust" for federal income tax purposes. Think of an iCLAT as an "Income Tax Savings CLAT."
Contact Jerry Winkelmann to discuss
Description:
David Spray will share information on how privately-held exporters can increase their after-tax income by utilizing the IC-DISC program. IC-DISC stands for Interest Charge Domestic International Sales Corporation and is also referred to as a “DISC”. As a tax-exempt corporation, the IC-DISC earns income that would otherwise be taxable to the exporter. The spread between dividend tax rates and ordinary tax rates creates the tax savings when distributed to the shareholder(s).
Description:
This session focuses on exploring how benchmarking and comparative analytics can help your clients by providing competitive insights they can use to improve their business. If you have a desire for your firm to become more consultative, analytics and forecasting tools can enable you to develop a course of action with your clients, determine who will do what, and help them manage the improvements in their businesses.
Description:
The key to a successful retirement is one that doesn’t require you to compromise your lifestyle or wonder if and when your nest egg will run out. As a WFGIA agent, I can provide a variety of options to help you prepare for your leisure years confidently without having to sacrifice your quality of life.
Description:
This session will focus on the WOTC (Work Opportunity Tax Credit) and ERTC (Employee Retention Tax Credit) programs available to employers, both large and small. The credits are designed to offset Federal income tax liabilities. When executed the right way, employers can capture enough tax credits to significantly reduce, or even eliminate, their Federal income tax liabilities. Philip Wentworth of Rockerbox will discuss how to screen an employers new hires to determine if the new hire satisfies one of nine criteria. If the new hire satisfies one of the criteria, these valuable tax credits can be captured, allowing business owners to mitigate/eliminate Federal income tax liabilities and thus improve cash flow.
Description:
This session will provide information on how to scale your practice, expand your niche offerings, and build up a virtual tax practice.
Description:
Explore how you can implement cost segregation strategies to capture accelerated depreciation and improve cash flow for your clients.
Description:
Today, the research and development (R&D) tax credit is one of the most significant domestic tax credits remaining under current tax law—a substantial tool maximizing a company’s cash flow and bottom line.
R&D tax credits are permanent federal and state tax incentives meant to stimulate innovation, technical design, and product development and enhancement; as a result, they keep the U.S. on the forefront of innovation. Above all else, the research & development tax incentive allows companies to realize tax savings, increase cash flow, and stay competitive in the marketplace. In fact, many qualifying activities are considered day-to-day operations in many industries, but the problem is, many companies are unaware they’re eligible for the credit. In this session, you’ll explore how the R&D tax credit can provide a hidden but immediate source of cash for your clients.
Description:
There are now Qualified Opportunity Zones (QOZs) in three territories and 15 states. These zones were designated by the IRS and the US Treasury Dept. According to the IRS, private investments in these specific QOZs receive preferential tax treatment. This session will review how to help clients put QOZ opportunities to work.
Service: Cost Segregation
Description:
What Is Cost Segregation?
As your building ages, it loses value. That’s called depreciation. When you do a cost segregation study, it classifies your building’s components (like the lighting system) into shorter recovery periods so you can write off the components faster in your taxes and reduce taxable income. The study carves out certain qualifying portions of your building into five-, seven- and 15-year lives that are normally accounted for in 39- or 27.5-year categories.
Who Qualifies For A Cost Segregation Study?
Anyone who’s purchased real estate property. Cost segregation studies are most useful for commercial real estate.
When Should I Get A Cost Segregation Study?
You can have one done on your building anytime, but it’s best to do it right after you’ve purchased your property so you can write off assets removed during remodeling or replacing building components. If you do a study right after acquiring your building, you’ll be able to claim bonus depreciation, which can create a write off as high as 30% of your total purchase price in the first year.
Website Link: Cost Segregation Info Page
Contact Us: costsegregation@engineeredadvisory.com
Materials and Multimedia:
Flyer: Download
Cost Segregation Process (Video): Watch Now
Case study Video: Watch Now
Service: Research and Development Tax Credit
Description:
Today, the research and development (R&D) tax credit is one of the most significant domestic tax credits remaining under current tax law—a substantial tool maximizing a company’s cash flow and bottom line.
R&D tax credits are permanent federal and state tax incentives meant to stimulate innovation, technical design, and product development and enhancement; as a result, they keep the U.S. on the forefront of innovation. Above all else, the research & development tax incentive allows companies to realize tax savings, increase cash flow, and stay competitive in the marketplace. In fact, many qualifying activities are considered day-to-day operations in many industries, but the problem is, many companies are unaware they’re eligible for the credit. The R&D tax credit can provide a hidden but immediate source of cash for your clients.
Website Link: R&D Tax Credit Info Page
Contact Us: rd@engineeredadvisory.com
Materials and Multimedia:
Flyer: Download
R&D Explained (Video): Watch Now
Case study Video: Watch Now
Service: 179D Tax Deduction
Description:
The 179D deduction is available for newly constructed or energy renovated commercial buildings as well as apartment buildings four stories or more. Commercial property owners who pay taxes can claim the benefit with the exception of government-owned buildings where the tax deduction may be allocated to the designer.
Website Link (179D): 179D Info Page
Materials and Multimedia:
179D Flyer: Download
179D Case study Video: Watch Now
Service: ERTC - Employee Retention Tax Credit
Description:
For over a year now, Engineered Tax Services (ETS) has been developing its Wireless Infrastructure Technology (WIT) enterprise. We partner with commercial real estate owners to maximize rooftop and land revenue and cellular technology. As part of its service package, ETS, on the behalf of its WIT clients:
There’s a crying need now for 5G cellular towers, because 5G can handle over 100 times the data compared to 4G. Because 5G technology is high frequency and shortwave, the signal is very strong, but unable to travel long distances. As a result, carriers have been scrambling to find commercial real estate locations to deploy the network as fast as possible; they need 5G transmitters about every five blocks in major metropolitan areas.
In addition, the federal government has set aggressive mandates for cellular carriers to populate their 5G networks over the next two years. Carriers have been struggling to fulfill these requirements in the mandatory timeline.
Website Link: Info Page
Service: WOTC - Work Opportunity Tax Credit
Description:
If you hire certain targeted groups that have consistently faced significant barriers to employment, you can qualify for Work Opportunity Tax Credits (WOTCs), a federal tax program. The WOTC is a dollar-for-dollar tax credit of IRS taxes owed—not a percentage.
You can claim WOTCs until December 31, 2025. The program rewards you if you hire:
Website Link: WOTC Info Page
Service: Wireless Infrastructure Technology
Description:
For over a year now, Engineered Tax Services (ETS) has been developing its Wireless Infrastructure Technology (WIT) enterprise. We partner with commercial real estate owners to maximize rooftop and land revenue and cellular technology. As part of its service package, ETS, on the behalf of its WIT clients:
There’s a crying need now for 5G cellular towers, because 5G can handle over 100 times the data compared to 4G. Because 5G technology is high frequency and shortwave, the signal is very strong, but unable to travel long distances. As a result, carriers have been scrambling to find commercial real estate locations to deploy the network as fast as possible; they need 5G transmitters about every five blocks in major metropolitan areas.
In addition, the federal government has set aggressive mandates for cellular carriers to populate their 5G networks over the next two years. Carriers have been struggling to fulfill these requirements in the mandatory timeline.
Website Link: Info Page
Download Flyer: Download
Service: Jet Purchase/Charter Services
Description:
Individuals facing a significant tax liability as the result of a major liquidity event (sale of a business, signing bonus, etc.) may want to explore the benefits of owning a private jet and utilize the aircraft for charter purposes to help mitigate the amount of total tax due. Our unique approach, subject to owner utilization, can sometimes be structured to be cash-flow positive when considering the benefits of charter revenue, depreciation, tax structure, etc.
Materials and Multimedia:
Flyer: Download
Service: 1031 Tax Exchange
Description:
Engineered Tax Strategies mission is to educate visitors on the benefits, rules, and processes inherent in IRS Section 1031 and Opportunity Zones. By utilizing technology and aligning expertise at key points in the 1031 exchange time-line, Engineered Tax Strategies can efficiently facilitate 1031 exchanges on behalf of clients and their key advisors. Our product agnostic approach offers investors a multitude of options from Triple Net Lease properties to a wide selection of Delaware Statutory Trusts, which represent fractional interests in real estate providing diversification opportunities. Our core deliverable is a technology solution built on team continuity and expert advice, designed to reduce friction points in the process from property listing and QI initiation to closing on 1031 replacement property. The flexibility of our platform builds in optionality around the specific client situation and enables our professionals to cater the solution to the client needs.
Website Link: Info Page
Service: Strategic Planning and Retreats
Description:
The accounting landscape is quickly changing! Firms need to deal with a host of challenges like staff shortages, partner retirement, technology, growth, fee pressures and regulatory changes just to name some. A solid strategic planning process will help firms deal with all of these issues and more. We believe in a three-stage approach:
STAGE 1 – Pre-Retreat Activities: Conducting a retreat does not “happen in a vacuum” and, accordingly, we believe it is crucial to conduct due diligence in advance of the retreat. Stage 1 allows us to gather information about your firm so we may begin developing an understanding of your financial situation, compensation plans, HR environment and other matters that can directly and indirectly affect your retreat.
STAGE 2 – Retreat Facilitation: We will actively facilitate your retreat. We use the word active because we don’t simply try to draw the solutions out of your group, we will tap into our decades of experience in the accounting profession and suggest best practices and proven ideas and activities. The retreat is typically a 1 – 1.5-day process that should take place off-site.
STAGE 3 – Post-Retreat Activities: During Stage 3, we will finalize and document the retreat discussions. If necessary, we will work with members of your team via email and telephone to put the finishing touches on an action plan. Stage 1, 2 and 3 all work together to develop a plan that maximizes the firm’s chances of IMPLEMENTING the agreed upon strategic goals.
Website Link: Info Page
Service: Marketing Support
Description:
As the lone marketing professional at your accounting firm, you have a lot on your plate. From growth initiatives to website design to strategy development and more, you are responsible for many important but disparate tasks. To be successful, you need to keep a lot of wheels turning at once. That is where we come in.
The Growth Partnership (TGP) was established in order to meet the marketing and business development needs of firms like yours. We offer a marketing support team that fits the unique needs of your organization and matches both your size and growth goals. Partnering with TGP means gaining access to the team of marketing professionals that you need to take your marketing efforts to the next level.
Website Link: Info Page
Service: Training and Development
Description:
We live in a fast-paced and ever-changing environment that demands a new approach to learning and development. It’s more important now than ever to create an environment with ongoing learning opportunities that take a comprehensive approach to organizational norms. The scope of what people need now is broader than technical training and on-the-job learning. It needs to put equal focus on personal and professional growth opportunities and developing the interpersonal skills needed to ensure your clients have an exceptional experience every time they interact with someone from your business.
In addition, employees today want to change to cope with a new work environment and new demands being placed upon them. In their workplace training and development, they’re seeking a transformative experience.
If your goals are to develop your leaders of tomorrow and provide an environment where your employees can leverage what they learn inside and outside of work, Evolve Academy is the solution.
Features
Customized learning paths for employees, leaders, and/or teams.
Online platform to access and learn from anywhere in the world.
24/7 access when it’s most convenient for your team members.
On-demand knowledge center for your firm.
Learn at your own pace by continuing where you left off at a later day.
Collaborate with other employees in your learning path.
Browse, filter, and sort by content type.
Website Link: Info Page
Service: 45L Energy Credits
Description:
Builders, owners and developers of residential homes and apartment buildings have the opportunity to earn tax credits for energy efficiency, if their properties meet certain qualifications. The 45L Energy-Efficient Home Tax Credit is equal to $2,000 per residential unit or dwelling to the developers of energy-efficient buildings. Qualifying properties include apartments, condominiums, townhouses and single family homes. These valuable credits are overlooked due to a lack of understanding about the qualification process.
Website Link (45L): 45L Info Page
Materials and Multimedia:
45L Flyer: Download
45L Case study Video: Watch Now