AndreTaxCo, PLLC

Tax Credit & Incentive Services Background

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AndreTaxCo provides a detailed and well-documented tax credit process, based upon extensive IRS and/or state taxing authority audit experience pursuant to authoritative tax precedence and IRS publications to ensure a high quality deliverable.

 

AndreTaxCo utilizes industry best practices following current tax law and standards in consideration of publicized IRS and applicable state audit techniques guidelines. We use a developed client specific approach to best serve each client's position and provide optimal solutions for every business situation, facts, and circumstances.

R&D Tax Credit Incentives

• Federal R&D Tax Credits

  • R&D Credit Payroll Tax Offset​

  • University Basic Research Credit

  • Energy Consortium Credit

  • Eligible Industries

• Orphan Drug Tax Credits​

• State R&D Tax Credits

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Hiring Specific Employee Credits

• Work Opportunity Tax Credits​

• Differential Wage Payment Credit

• Indian Employment Credit

• Empowerment Zone Employment Credit 

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Energy Industry Credits​

• Investment Credit ​​​

• Energy Credit

• Marginal Oil & Gas Well Production Credit

• Enhanced Oil Recovery Credit 

• Advanced Nuclear Power Facility Production Credit

• Energy Efficient Home Credit 

• Mine Rescue Team Training Credit

• Production Tax Credit

• Credit for Certain Nonbusiness Energy Property

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Railroad Industry Credits​

• Railroad Track Maintenance Credit 

​​Alternative Fuel / Vehicle Industry Credits

• Low Sulfur Diesel Fuel Production Credit

• Carbon Dioxide Sequestration Credit

• Alternative Fuel Vehicle Refueling Property Credit

• Biodiesel Fuels Credit

• Second Generation Biofuel Producer Credit

• Qualified Plug-in Electric Drive Motor Vehicle Credit

• Excise Tax Credits for Alternative Fuel and Alternative Fuel Mixtures

 

​Alcohol Industry Credits

• Distilled Spirits Credit 

 

Low-Income Targeted Credits

• ​Low-Income Housing Credit 

• New Markets Tax Credit

 

Building Modification Credits

• Disabled Access Credit ​

• Rehabilitation Credit

 

​Employer Benefits Credits

• Small Employer Health Insurance Credit 

• Paid Family and Medical Leave Credit 

• Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips

• Credit for Small Employer Pension Plan Startup Costs 

• Credit for Employer-Provided Childcare Facilities and Services

Generally, AndreTaxCo's credit & incentive services approach includes the following phases:

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Phase 1 – Feasibility & Assessment

- Review your business and tax needs based on preliminary questionnaires, scoping discussions, and review of client workpapers

- Host follow-up meeting(s) to review findings and discuss any additional questions 
 

Phase 2 – Proposal and Presentation

- Prepare and present client specific eligible benefits, documentation approach, and methodology based on Phase 1 findings

- Issue engagement proposal 
 

Phase 3 – Gathering of Documentation and Analysis

- Obtain relevant documents

- Interview employee(s)

- Investigate company processes and products and/or on-site visit of facility to evaluate qualified activities

- Analyze data & calculate applicable federal and/or state tax credit(s) and incentive(s)

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Phase 4 – Presentation of Findings

- Present federal and/or state credit(s) and incentive(s) deliverable and discuss any questions 

- Provide methodology memo and/or procedural recommendations to streamline and enhance future engagements 
 

Phase 5 – Audit Protection

- General audit level protection included in study regarding Federal or State taxing authority Information Documentation Request (IDR). Note, additional and/or specific documentation may be requested dependent upon the inquiring tax agent 

- If specific tax incentive claims are not supported by sufficient support (e.g. engineering documentation, contract agreements, CAD models, test reports, etc.), this may create additional risk exposure upon exam

- As such, we offer supplemental audit defense and contract review dependent upon your tax situation and as agreed within our Scope of Services