Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.

Let's Talk
Tax Credits and Incentives

Turn tax expenses into positive cash flow

A key to your growth can be maximizing federal, state, and local government tax programs designed to stimulate growth, incentivize businesses to join or stay in a community, and spur innovation. When you leverage these opportunities you can significantly reduce your tax burden and funnel capital back into your organization, even for past tax years through amended returns.

Ethics at the heart of tax credits and incentives

The world of tax credits and incentives is, unfortunately, rife with big promises and dangerous repercussions. At MGO, we always put your interests first. In all of our engagements we offer fixed fee rates that are not contingent on what we save you. This helps avoid IRS red flags and delivers you peace-of-mind.

R&D Costs Now Require Amortization Under Section 174

As of 2022, businesses are no longer allowed to deduct research and experimental (R&E) costs under Section 174. Instead, these expenses must now be amortized over five years (15 years for foreign-based research)

This change doesn’t just affect startups or high-tech firms — it applies to any business using R&D tax credits or engaging in product, process, or software innovation. 

At MGO, we help clients assess how Section 174 interacts with their tax credit strategy — helping you align compliance with your cash flow goals. Our planning incorporates both the benefits of credits and the obligations of cost treatment, so you’re not caught off guard. 

Tax Credit and Incentives Solutions

Image for R&D Tax Credits

R&D Tax Credits

Power innovation by reducing tax liability through state and federal R&D credits.

Image for Work Opportunity Tax Credit

Work Opportunity Tax Credit

Enhance your tax strategy with our Work Opportunity Tax Credit (WOTC) services. Benefit from potential credits for hiring qualified employees and support diversity.

Image for Renewable Energy Investments and Credits

Renewable Energy Investments and Credits

For governments, businesses, or nonprofits seeking financial incentives for renewable energy investments, understanding and utilizing available tax credits and funding mechanisms is essential.

Tax Leaders Ready To Serve You

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

Your Goals are our Passion

Share your goals with us and we’ll help you achieve them.