American Manufacturers - are You Entitled to Millions in Unclaimed Tax Credits?

Aug 4
08:04

2007

Rob Edwards

Rob Edwards

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Many American manufacturers are eligible for millons in Tax Credits however very few actually take them. This article explains why.

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American manufacturers are the lifeblood of our country. Unfortunately they are also often required to accept financial tax burdens disproportionate to their scale. Most small to mid sized manufacturers today cannot afford the luxury of hiring one of the "big four" accounting firms to maximize applicable tax credits and incentives and are therefore penalized financially. Many of the substantial state and federal tax credits remain mostly unused except by Fortune 5000 companies who can afford the specialist tax teams to decipher the required complex equations. Even the best trained generalist staff CFO’s and CPA’s simply do not have the time nor resources necessary to become proficient in specialized tax areas such as these.

In fact over 90% of our clients (and a similar ratio exists outside our client base) had no prior knowledge of many of the allowable deductions or credits prior to our engagement. Our company Paradigm Partners LP provides a much needed tax recovery service to qualified companies on a strictly contingent basis. We loan our highly specialized team of CPA's and tax attorneys for as long as it takes to ensure maximum returns for our manufacturing clients. Once monies have been recovered we then receive payment for our service. If there are no recoveries there are no fees. This protects American manufacturers from investing thousands of unnecessary dollars in a feasibility study with no guarantee of results.

To date our portfolio has grown,American Manufacturers - are You Entitled to Millions in Unclaimed Tax Credits? Articles mostly via word of mouth business, to well over 200 clients. Additionally we are the outsource partner of choice for many local and national CPA firms desirous of helping their clients secure maximum benefits.

 Recovery amounts have ranged from $100,000 to over three million dollars.

This is immediate "found money" that can be injected back into the American economy. Based on a few simple questions the Paradigm team is able to assess the possibility of a refund and advise for or against a feasibility study. The study and all expenses will be entirely paid for by Paradigm. Once the study is completed an exact dollar figure amount is communicated to the company and a fee (based on size of and complexity of recovery) is negotiated. Companies are under no obligation to continue.

Should the company choose to recover, Paradigm Partners will continue to complete the necessary forms, documentation and communication with the IRS to release the funds. Usually within a matter of weeks the money is back where it belongs, in the hands of the American manufacturer.

For more information visit Tax credit News at R&D Tax Credits News or email info@nwbn.org for a 5 minute eligibility assessment