A popular way federal, state, and local governments stimulate growth, incentivize businesses to join or stay in a community, and spur innovation, is to implement tax credit and incentive programs.
Businesses that leverage these opportunities can significantly reduce their tax burden. Perhaps best of all, many of these opportunities can be accessed retroactively so you can amend previous years’ returns and funnel capital back into your organization.
MGO has a specialized Tax Credits and Incentives team focused on reducing our clients’ tax burden. We’ll work diligently with you to identify areas where you can save, deliver sound tax returns, and ensure you have the proper documentation to support your claim.
The world of tax credits and incentives is, unfortunately, rife with big promises and dangerous repercussions. At MGO, we always put our clients’ 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.
Research & Development Tax Credit
Guidance for maximizing often overlooked or under-utilized dollar-for-dollar tax savings that directly reduce a company’s tax liability…
Employee Retention Tax Credit
Quarterly payroll tax relief of up to $7,000 per employee for qualified businesses hard-hit by the COVID-19 pandemic…
The complex and evolving nature of tax codes – at international, federal, and state and local levels – creates opportunities to gain competitive advantage for the proactive and well-informed.
MGO’s leading team of tax specialists regularly publish news, articles and thought leadership detailing emerging opportunities and risks focused on helping our clients lower their tax burden and achieve strategic growth.
On August 16, President Joe Biden signed the Inflation Reduction Act (IRA) of 2022 into law. Within the large tax reform package are numerous “green” tax…
Recent events in the media have shone a spotlight on issues surrounding bad practices when it comes to tax credits and incentives. This increased attention…
What Qualifies a Taxpayer for the R&D Refund Claim?
Most businesses can claim the R&D Tax Credit if researching and documenting it properly—here is how
Telemedicine software development may qualify many businesses for the R&D Tax Credit
MGO combines deep industry expertise with proven accounting and advisory solutions to deliver tangible results.
Our people are the cornerstone of our success: a proven team of CPAs and Advisors with expertise in fields that range from finance, audit and accounting to performance management, technology and cybersecurity.
Discover what makes MGO a truly uncommon firm, our people.
Every day we help organizations optimize their tax position by getting the most from credits, incentives, and other deductions. How can we help?
Standing out in a field of largely indistinguishable competitors means we do not have the luxury of evolving with the marketplace. Instead, we work feverishly to keep ahead of it.
