Tax Advisory Services for Engineering | Cunningham & Associates

Engineering

A Precision-Driven Approach To Tax Reduction For Engineering Firms

We understand the importance of precision to you, and it is equally important to us. At C&A, our meticulous and strategic approach to taxes empowers engineering firms to unlock their full potential by capitalizing on all eligible credits and incentives, including R&D credits and other advantageous tax benefits.

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10 Important Tax Considerations For The Engineering Industry

Engineering firms need to stay informed about tax regulations and take a proactive approach to tax planning to optimize their tax positions.

Here are 10 important tax considerations that engineering businesses should be aware of.

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Benefits of a specialized tax strategy for engineering companies:

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Lower taxes and improved cash flow

By using deductions, credits, and incentives to lower taxes, engineering firms can free up more cash for operations, investment, and growth.

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Cost segregation

Cost segregation studies can accelerate depreciation deductions on property components for engineering firms with real estate holdings, increasing cash flow and lowering taxable income.

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Research and Development Credits

Engineering firms engage in R&D activities to design innovative solutions. Specialized tax strategies can identify and claim R&D tax credits, resulting in substantial savings.

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Energy efficiency incentives

Engineering firms involved in energy-efficient projects can qualify for tax incentives and credits that encourage sustainable practices and technologies.

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Asset depreciation

Engineering firms invest in expensive equipment and technology. Specialized tax strategies can effectively maximize the depreciation deductions on these assets over time, resulting in a reduction in taxable income.

Specialty Tax

Expert guidance to navigate complex tax regulations, minimize tax liabilities, and stay ahead of tax law changes.

R&D Credits
Cost Segregation
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IC-DISC
Automatic Accounting Changes

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Tax Consulting

Highly valuable organizational strategy, planning, and training.

Income Tax Reduction Strategies
Entity Restructuring
SECURE 2.0 Plan Optimization
Balanced Compensation Advisory
Valuation for Tax
Passive Investment Strategies
Pass-Through Taxation Enhancement

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Wealth Advisory

Tax strategy, planning advice, and financial products for clients to grow and preserve their wealth while achieving their financial goals.

401(k) Optimization for Tax Credits
Cash Balance Pension Plans
Executive Compensation Planning
Executive Benefits Planning

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Risk Advisory

Highly valuable organizational strategy, planning, and financial products.

Asset Protection Strategies
Asset Valuation Services
Tax Liability Risk Mitigation
Buy/Sell Review & Implementation
SPE & Trust Utilization

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Exit Planning

Support for mergers, acquisitions, or other significant financial transactions to help make informed decisions.

Succession Planning
Market Analysis
Due Diligence
Pre & Post Transaction Tax Planning
Tax Restructuring
Business Valuations

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Estate Planning

Minimizing the tax liabilities associated with transferring assets to beneficiaries.

Estate Tax Reduction Strategies
Asset Protection
Estate Freezing Techniques
Estate Reduction Techniques
Legacy Planning
Philanthropic Planning
SPE & Trust Structuring

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