We relentlessly pursue every viable opportunity in securing credits and incentives. In fact, our state-approved credit retrieval rating is consistently in the highest percentile among tax consultants nationally. Streamline’s associates have deep experience securing and negotiating credits and incentives across all major industries.
It is common knowledge that over half of all credits and incentives go unclaimed. We transform this knowledge into action, by fortifying our clients’ compliance, and steadfastly pursuing these credits and incentives.
Our services include:
- Identifying opportunities associated with negotiated agreements—BEFORE agreements are finalized
- Garnering Federal Empowerment Zone, Federal Renewal Community, state zone credits, and others
- Securing training incentives for company-wide trainings
- Identifying, negotiating, and securing incentives for new facility construction, existing facility expansion, facilities consolidation, job-related capital expenditures
- Maximizing previously claimed e tax credits
- Outsourcing credits’ and incentives’ functionality
- Reviewing filed state income/franchise tax returns for credit opportunities
- Reviewing prior incentive awards for optimal utilization
In general, credits: are available statutorily; may allow favorable carry-forward provisions; may be claimed retroactively and offset state income/franchise tax liability
In general, incentives: enhance return on capital investment; include both tax and non-tax benefits; may reduce initial cash outlay and must be negotiated upfront.