Wednesday, September 24, 2008

Corporate Saviours From Wall Street Meltdown

Have you ever felt like you were paying too much for your tax obligations for your business? Would it surprise you to know that 8 out of 10 businesses overpay and fail to take advantage of the available tax credits the IRS offers?

Due to common misconceptions used by local and regional CPA Firms, The IRS now currently hold over $110,000,000,000 (Billion) dollars from available Research & Development Tax Credits that were never claimed.

Does your company qualify for R&D Tax Credits?...Have you ever invested funds into Improving, Modifying, Enhancing, Developing, Creating or Experimenting systems and/or processes for your products or services? If you have, you maybe entitled to Dollar for Dollar Tax Credits for those expenses.

In short, in addition to taking the itemized deductions from any 1099's and w2's from the above "improvements" (which Virtually every CPA Firm does), You maybe entitled to receive "Tax Credits" (Which CPA's are only dimly aware of) for every dollar spent.

Could your company use a CASH WINDFALL? Get the facts and discover how you can use The Big 4 Accounting Experience, with NO obligation or "out of pocket" expense.

New Strategies Reveal Billions Waiting To Be Collected

AmCorp Management announces today a new recovery framework. Being in the Expense recovery and Corporate Tax Analysis industry, AmCorp Management has unveiled their newly advanced framework for today's businesses seeking new cash flows.





As AmCorp has been reporting over the years, predatory billing practices have now reach new levels never before seen. Would it surprise you that over billing by service providers is now over a $250,000,000,000 billion dollar a year industry in America today. Some experts aggree that the epidemic of overcharges could exceed a TRILLION dollars a year world wide.





AmCorp has recently developed an advanced Expense Recovery Framework eliminating the massive amounts of paperwork and technical questions used by most auditing firms. Today's professionals demanded an easier process to determine if their business has been a victim of predatory billing practices...So we made one.





Now, many of today's Corporate Executives are enjoying the audit process used by AmCorp Management. With Executive authority and a single month's copy of an invoice by either Electric, Gas or Phone, you can now capitalize by utilizing the 100% risk free process we offer.





Currently 8 out of 10 businesses are overcharged by their service providers and don't even realize it. Would it surprise you to know that 92% of all service billing today is inaccurate? Such errors like mis-figured taxes, incorrect rate applications, un-applied discounts insufficient metering and so many more are bypassing screening processes used by today's accountants.





The only question you need to ask is, if your accountants can't reference the "RAW" numbers provided by your service providers, can the really tell if your being overcharged? Their main focus is to see weather of not the invoices add up correctly.(Which they Do most of the time) If you found out you've been overcharged $10,000 - $20,000 - $30,000 dollars over the last couple years, would you want your money back?

Tuesday, September 23, 2008

Corporate Tax Credits | Why Research And Development Tax Credits Go Unclaimed

Today while discussing the Research And Development Tax Credit to a fellow Executive, he was confused about how the actual deduction worked, and weather he was taking advantage of what's available through the R&D Tax Credit Program.





While most Corporate Executives believe their CPA's are taking advantage of the available Tax Credits allowed by the R&D Tax Credit program, however recent omissions by the IRS reveal that only three to five percent of businesses ever fully claim them. Would it surprise you to know that currently the IRS holds over $110,000,000,000 (Billion) dollars in overpaid taxed from businesses that could have taken advantage of the R&D Tax Credit but didn't?





As I was discussing how it worked, I told him that the real confusion is that what qualifies? The Research and Development Tax Program is incredibly complex...and is embedded in over 6,000 pages of the Tax Code, and that's why most CPA firms miss most of the available credits under the Federal and State laws. The Tax Code is so complex, It gives CPA'S Migraine Headaches!





CPA's are experts at what they do, don't get me wrong, but the reality is that they are debits & Credits experts, not Tax Code Experts. The problem is, we as business owners think our CPA's know everything about the Tax Code. It's a myth...Why? Because AmCorp Management has a 100% success rate in capturing these credits for qualified clients.





The Research & Development Tax Credit is truly that. Has your business invested money into developing products? Perhaps you've invested money into developing an existing process to remain competitive. Have you ever modified a system or process to create new sales? What about improving your services?





Did you know that in addition to taking those deductions from any expenses occurred by 1099's and w2's to improve, modify, create, develop, experiment or enhance your products or services qualify for Research & Development Tax Credits? And that's what it is...Credits. Dollar for Dollar Credits!





So in short, in addition to taking deductions (which every one takes) for the expenses to improve or develop, you may be eligible to receive Credits for those expenses. Yes dollar for dollar. So lets say you spent $300k in developing something, and $200K was through 1099's and w2's of which you have taken your standard deductions....What if you could have matched those deductions with actual dollar value Tax Credits??? Can you say LOST PROFITS!





AmCorp Management utilizes Senior level Tax Experts formally from K.P.M.G. (one of the Big 4 Firms) to manage our Corporate Tax Department. By utilizing our risk free feasibility study to determine if Research & Development Tax Credits apply for your company, and with no obligation, you can easily create an enormous "Cash Windfall" for your business.





Recognize that a R&D Tax Recovery represents "Bottom Line Net After Tax Profit". So as an example, if you operate on a 5% net income rate, an R&D recovery of $100,000 is the equivalent of gross revenues of $2,000,000. It's no wonder so many of today's Corporate Executives are flocking to AmCorp Management for their expertise in Corporate Tax and Expense Recovery services. Its Risk Free...It's Feasible...And Extremely Profitable.