Royse Partners and its team of expert professionals, engineers and attorneys help companies thrive and prosper through services designed to tackle your pressing needs.
Many companies are surprised to learn that their current operational activities qualify for tax credits and incentives. We help our clients identify and qualify for many opportunities that can positively impact their bottom line.
We work alongside your accounting team and CPA to collect the necessary data, conduct the required analysis and provide the documentation and substantiation for your tax returns.
The R&D Tax Credit is historically underutilized, and many executives remain unaware of its availability. These credits enable taxpayers to claim a credit against their income tax liabilities, and in the case of qualifying startups, against payroll tax obligations.
Companies undertaking the following or similar activities may qualify for the credit: Spearheading new or improved product developments, Designing and implementing new/improved production processes or techniques, Creating and integrating new software applications, Developing prototypes or models to evaluate experimental designs
Any business that has research and experimentation expenses is likely to be affected by recent changes in section 174 of the IRS code. Firms can no longer deduct R&E expenditures as a current expense. Instead, they must capitalize and amortize those expenditures which may cause an increase in taxable income. Royse can help understand and mitigate the impact of this change.
Builders and developers of new energy-efficient homes may qualify for the 45L tax credit which offers a tax credit of up to $5,000 per unit. Royse can help Residential developers, Homebuilders, Contractors specializing in residential buildings, Real estate developers focusing on multi-family housing see if they qualify.
Congress passed The Employee Retention Credit (ERC) to help businesses keep workers employed through the worst parts of the COVID-19 Pandemic. Unfortunately, this program has been a target for fraud by unscrupulous third parties. If you have any doubt about how your credit was calculated and filed, Royse can assess your ERC filing and provide you with peace of mind.
The WOTC is a federal program that provides tax incentives to employers who hire and invest in individuals who have traditionally faced barriers to employment. These individuals may include veterans, SNAP (food stamp) recipients, TANF recipients, ex-felons, and other disadvantaged groups.
Through data-driven market value analysis, and experience in the energy sector, our clients can depend on us for a results-driven approach that maximizes their growth, efficiency, sustainability, and profitability.
We help organizations of all sizes optimize their operations and improve efficiency. By providing expert advice and tailored solutions, we empower our clients to achieve their business goals and drive success.
© 2024 Royse Partners Limited. All rights reserved. | Website by Brave Little Beast