Every American Business Deserves To Pay Their Fair
Share Of Taxes and Not A Penny More!
“The hardest thing in the world to understand is the income tax.” Albert Einstein
Although the IRS offers special tax incentives, credits, benefits and deductions for Exporting and Manufacturing costs, it is so complex and technical that 85% of those businesses that qualify fail to take advantage of them. The Potentia Group offers those businesses a risk free opportunity to see if they qualify.
Obtain Maximum Tax Benefits For Exports That You Are Entitled To.
Potentia offers a wide range of FSC / EIE service levels designed to maximize the taxpayer’s benefit while minimizing the time and resources needed to realize that benefit. Our services enable your business to obtain the full value of export tax incentives, benefits and credits that have been granted and sponsored by the US government specified under Internal Revenue Codes and Trade Regulations.
Feasibility Study
A high percentage of corporations use an “aggregate” method to determine their benefit. Depending on the company’s variability in profitability and other factors, the company’s tax benefit is most likely not being maximized under this approach. Potentia offers an assessment of the potential benefits of using a more sophisticated pricing strategy (T-by-T, marginal costing, more specific product grouping, etc.) with readily available data. In addition to the basic assessment, Potentia’s Examiners will provide qualifying companies with a Feasibility Study to find potential operating capital that has been surrendered through overpaid taxes.
Feasibility Studies cost from five thousand to twenty thousand dollars. Potentia’s Examiners are so confident in our efforts that we will fund the study for those qualifying companies for the opportunity to earn their business.
Data Analysis Study
Companies with data collection systems already in place may require Potentia’s Examiners proprietary analytical tools to maximize their tax benefits. For these companies, we will analyze the company’s self-prepared data and identify the grouping and administrative pricing method that maximizes the taxpayer’s benefits. All necessary documentation to support these calculations in the event of an audit and to meet the IRS filing requirements will be provided to the company.
Full-Scale Study
For companies wishing to outsource the full responsibility of reporting requirements, Potentia’s Examiners will work with the company’s accounting and information systems personnel and legal counsel to develop each of the requisite pieces of information including the final transactional database. Once the transactional database and supporting schedules have been prepared, our Examiners will perform the same steps outlined above for the data analysis study.
Re-determination Study
Potentia’s Examiners can also analyze a company’s past FSC and IC-DISC returns and prepare a re-determination if the study yields a higher tax benefit. Because the “window” for transaction grouping re-determinations will close shortly, the most likely re-determination studies would be associated with three items: (1) identifying additional qualifying sales, (2) implementing marginal costing to maximize benefit, and (3) determining the most appropriate expense allocation method.
We believe that every American business should take the opportunity to receive a valuable second opinion. Not only do we provide one free of charge, we actually pay for it. All we ask is that you let us earn your business.
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