Tax and Advice for Engineering Firms

The Dilemma: You became an engineer to solve challenging problems. But with a firm’s growth automatically come highly specialized tax and business issues, problems that, without addressing properly, have the potential to impose not only financial stress but rob your time, energy and resources as well.

Strategic planning, profitability analysis, tax reduction strategies and overhead analysis are keys to successful, sustainable business growth. They are specialized, equally complex as the work you do, but altogether different. That’s where the right CPA will help. That’s where our firm will help.

Have you asked these questions? If not, this is the time to start:

• How do we increase profitability without decreasing quality?
• Do we really have the best retirement plan?
• Are we paying more tax than we should be?
• What are the tax breaks for engineers we haven’t heard of? How can we take advantage of them?
• Do we have enough internal controls established to prevent a fraud?
• What is our firm going to look like 5 years from now? How can we get there?
• What’s the best type of compensation plan for our staff?
• What are the tax implications if we expand out of state?

For the answers, contact us.

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