Specialty Tax

Our advisors provide targeted solutions help you stay compliant, manage risk and minimize your tax burden.

Tailored Specialty Tax Insights

Accounting Methods

Choosing the right accounting methods can help your business increase cash flow and reduce tax expense. Our advisors can review your tax accounting practices, identify opportunities and risks, and help you realize financial benefits and stay in compliance. Our services include:

  • Depreciation and Capitalization
  • Fixed Asset Review
  • Materials and Supply Treatment
  • Repairs and Maintenance Studies
  • Software Development Costs
  • Tangible Property Regulations, New Regulation Compliance
  • Transaction Costs

Compensation & Benefits

Your compensation and benefit strategies can have an impact on your business’ growth as well as the retention of key employees.

We have dedicated teams of advisors who specialize in benefit plan design, administration and consulting; payroll; and executive compensation to help you reward employees, and take advantage of tax savings.

Our capabilities and expertise include:

  • Change in control agreements
  • Executive employment agreements
  • Executive deferral nonqualified plans
  • ERISA qualified plans
  • Payroll services
  • Phantom stock plans
  • Pre/Post-merger planning & support
  • Restricted stock plans & restricted stock units
  • Stock Appreciation Rights (SARS)
  • Stock option accounting
  • Supplemental Executive Retirement Plans (SERPS)

Cost Segregation Studies

You’ve made a significant investment in your organization by purchasing, constructing or upgrading property. But you may be overlooking a smart tax strategy. Cost segregation studies can lower your current-year tax liability and free up more capital.

Our clients who invest in a cost segregation study achieve an average ROI of 54 to 1.

Credits & Incentives

Grants and incentives are available for new or expanded business and for training existing employees. Do you know which opportunities your organization may be eligible for? We can help you unlock and maximize tax credits, exemptions and abatements. We can also help negotiate economic benefits with state and local authorities. Our goal is to capture the maximum benefit available for your business.

Could you benefit from one of the following?

  • InvestOhio tax credits
  • Job Creation Tax Credits (JCTC)
  • Property tax reductions or abatements
  • Safety Intervention Grants
  • Sales and use tax exemptions
  • Tax breaks for energy efficient improvements
  • Various training grants
  • Work Opportunity Tax Credits (WOTC)

Executive Assignment Group

This specialty practice is focused on serving the tax and financial planning needs of senior executives of publicly traded companies. Our advisors serve as your “personal CFO” – a highly skilled, objective expert who minds the financial and tax details of your life.

Fiduciary Compliance Services

Is your bank looking for alternatives to preparing trust income tax returns? Our advisors can help you reduce the risk of liability and retain valued clients while complying with changing IRS rules and regulations. We add value by strengthening your trust department, identifying risks and providing year-round consultation.

Personal Wealth Planning

You’ve worked hard in the pursuit of your financial goals. Our advisors can help you protect your assets so you can enjoy the present, knowing that you’re prepared for the future.

R&D Tax Credits

Your employees don’t need to wear lab coats in order for your company to take advantage of research and development (R&D) tax credits. It’s an incentive to promote innovation, so if you create a new product, enhance product design or improve production processes, you could be eligible. Our advisors can conduct an R&D study that could result in a lower tax obligation and increased profit.

State & Local Tax

Our dedicated State & Local Tax (SALT) group helps clients understand and comply with tax requirements across jurisdictions. As state and local revenues shrink, taxing jurisdictions have become more aggressive in their collection efforts, so the risk of making a mistake has never been higher. We can help you stay compliant.

Tax Controversy

Audit activity has increased for all types of taxes, and no organization is immune from scrutiny. Our advisors have the knowledge and experience to guide you through the examination process and explore opportunities for settlements and possible refunds. We actively work with local, state and federal offices to manage the audit process and reduce your burden. And we’ll work with you to identify potential tax risks and help you prevent, manage and resolve tax audits and disputes.

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Specialty Tax Advisors

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