Stimulus Package Benefits

The American Recovery and Reinvestment Act of 2009 (ARRA) was signed on February 17th, 2009.

How can you benefit from this bill?

There are several IRS sanctioned tax benefits designed for your company or commercial property you own. We can help you identify tax savings opportunities available from the ARRA. There are billions of dollars in credits and tax benefits in several areas.

Research and Development Credits:

The Emergency Economic Stabilization Act of 2008 (ESSA) was passed and extended the R&D Tax Credit through 2009. Our team of IP attorneys, tax attorneys, engineers and audit experts will work with you and your CPA to take advantage of these tax savings opportunities. Included in this Act is an increase in the Alternative Simplified Credit from 12%-14% for the 2009 tax year.

Commercial Real Estate Investments:

Our engineering based Cost Segregation Studies can uncover tax savings and increase cash flow. Our team of engineers and accountants will work with you and your CPA firm to determine the best strategy for your needs.

Energy Efficiency Projects

The Energy Policy Act of 2005 was extended until 2013 and includes a tax benefit for investments in energy - efficient commercial buildings based on three criteria - Heating and cooling elements, interior lighting and building envelop. The tax deduction is up to $1.80 per square foot for qualified commercial buildings or new high efficiency building designs.