Global R&D Tax Credits

Numerous countries offer R & D Tax Incentives to businesses to increase innovation and high quality jobs. The incentives vary greatly; specifically regarding the definition of what constitutes a qualifying R&D expenditure.

Engineering, legal and tax expertise are vital in creating studies that can maximize the incentive while withstanding the scrutiny of taxing authorities. Our staff of skilled and knowledgeable engineers, tax attorneys and CPAs can help maximize R&D Tax Incentives for you.

Hiring Incentives & Unemployment Claims Management

Federal & State Governments offer tax incentives to employers for employees and new hires. Paradigm’s HIREtech system captures these benefits for you. Some of these incentives include:

WOTC | HIRE Act | HUD Zone | Ticket To Work.

Our Unemployment Claims Management (UCM) service helps your company minimize your unemployment tax rates. Our process includes an Initial Review, Administration of Claims, Audit of Benefit Charges, Management of Unemployment Taxes, UCM and Reporting.

IC-DISC

IC-DISC is the last remaining exports tax incentive available to U.S. exporters.

• The IC-DISC provides permanent tax savings on a portion of a qualifying U.S. exporter’s foreign sales.
• The savings can be immediately realized on the exporter’s quarterly estimated tax payments.
• These savings can be as much as 10% of the exporter’s foreign trade income.

Domestic Production Deduction

All businesses engaged in domestic manufacturing and production activities qualify for the Domestic Production Deduction benefit. Traditional manufacturers qualify but the rules broadened the traditional definition of manufacturing to include other companies such as:

• Construction firms;
• Engineering and architectural firms; and
• Electricity, natural gas and potable water producers.

Profitable companies from these industries may be entitled to the generous tax and cash benefits provided by this incentive.

Cost Segregation

A Cost Segregation Study allows commercial property owners to:

• Significantly improve after tax cash flows from the project due to accelerated tax depreciation.
• Reduce real property taxes resulting from reclassifying assets as personal property.
• Establish favorable accounting for assets written off in the future.
• Create an opportunity to claim “catch‐up” depreciation on future tax returns for corrections in tax depreciation.