- How can my business qualify for the different tax credit and incentive programs?
- Your business must be a corporation or LLC.
- It must be in operation for at least one year.
- Are these tax credit or tax incentive programs legitimate? How come I have not heard anything about them?
Yes, this is real. In fact, these federal government tax incentive programs have been available to business owners for decades. Unfortunately, not too many business owners know that they exist. But don’t take our word for it, you can do your own research by going to the IRS website and you will find several articles about the different tax incentive programs, you will be able to find helpful articles and information about them. - Do I need to pay them back?
No. If done correctly, the money that your business will be receiving is not a loan or a grant. These are tax credit and incentive programs that you do not need to pay back. - What are the fees or charges that your company would initiate to avail of your services?
Our core service is to prepare all analysis and reports on the incentive programs that your business qualifies for. This report will be the basis your accountant or CPA will be filing with the IRS. Our company’s servicing fees written on the agreement must be resolved prior to activation before starting the analysis and report. - Do I have to pay income tax on the cash flow my business will be receiving from the tax credit and tax incentive programs?
No. You will not need to pay income tax on the cash flow that your business is going to receive. You can consult with your accountant or with your CPA to provide more precise and specific answers. - When do I expect to receive the cash flow after my business qualifies for the different tax credit and tax incentive programs?
The length of time to receive the cash flow usually takes between one to three months but sometimes it may take longer depending on the type of tax credit and tax incentive program(s) that your business is qualified to receive.
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