Tax Credit Consulting for your business
Empowering small enterprises to optimize cashflow using government initiatives.
Tax Credit Consulting for your business
Empowering small enterprises to optimize cashflow using government initiatives.
Our Services
Work Opportunity Tax Credit (WOTC)
Work Opportunity Tax Credit (WOTC)
Work Opportunity Tax Credit (WOTC)
The Work Opportunity Tax Credit is a federal tax incentive for employers hiring qualified individuals, such as veterans, who have encountered significant hurdles in finding employment. Free your team from the burdens of research, administration, and compliance. Our team manages WOTC comprehensively, covering submission, reporting, audit preparation, and credit projection. This enhances your organization's eligibility while maximizing efficiency, security, and adherence to regulations.
Payroll Tax M&A Services
Work Opportunity Tax Credit (WOTC)
Work Opportunity Tax Credit (WOTC)
In the dynamic landscape of mergers or acquisitions, Dream Strategies offers guidance on the potential payroll tax implications of acquiring a new business. Our services include:
1. Conducting retrospective employment tax research and facilitating refund recovery.
2. Reviewing the client's current and/or predecessor (active/inactive) employment tax account(s).
3. Analyzing employment tax liability for successors in interest and/or other allowable transactional rights.
4. Advocating for the client with state/federal agencies to obtain credits/refunds for eligible excess taxes, as well as reductions in UI tax rates, penalties, interest, and/or assessments.
5. Preparing, submitting, and following up on necessary documentation to state/federal agencies.
6. Providing the client with a comprehensive summary of findings, highlighting any open reporting issues and opportunities for savings.
Cost Segregation
Cost Segregation
Cost Segregation
Cost Segregation involves the IRS-sanctioned method of expediting depreciation on a real estate asset by distinguishing non-structural personal assets and land improvements from real property assets. At Dream Strategies, we provide a complimentary feasibility analysis of the potential tax advantages for your property. This allows you to grasp the value proposition of the study in comparison to its cost. Our study, conducted by engineers, adheres to the latest depreciation guidelines set forth by the IRS.
R&D tax credits
Cost Segregation
Cost Segregation
The federal research and development (R&D) tax credit results in a dollar for dollar reduction in a company’s tax liability for certain domestic expenses. Qualifying expenditures generally include the design, development or improvement of products, processes, techniques, formulas or software. Through meticulous assessment, documentation support, and customized strategies, Dream Strategies maximize eligible tax credits while ensuring compliance with evolving regulations. Our seasoned experts offer tailored solutions, leveraging industry-specific knowledge to optimize returns. With a proven track record of success, we provide ongoing support to help businesses unlock substantial savings and drive future innovation. Don't let financial constraints hinder progress; contact us today to unleash your innovation potential and secure significant tax benefits for your business.
What is 179D?
179D is a tax deduction for energy-efficient commercial buildings. 179D entitles owners or designers of eligible commercial properties to a deduction of up to $5.00 per SF when they meet specific efficiency standards in 3 systems: lighting, HVAC, and building envelope. In a 100,000 SF building, that equates to a $500,000 tax deduction.
The Process
Our process is designed to be hassle-free, straightforward, and simple for business owners. We begin by gathering specific data and conducting a FREE feasibility study of your organizations business activities to explore potential tax credit opportunities. Therefore, you will understand the actual monetary value the identified programs can bring you. Our fees are a fraction of your savings and theoretically pay for itself!
The Service You Need
If you have any questions about any of our services, feel free to reach out to us by email at info@179dream.com. We'll make sure to give you a simple and straightforward experience.