Introduction

Paradigm Partners is an industry leader in providing niche tax consulting services to public and private organizations. This allows our clients to take full advantage of tax incentives offered by federal and state governments.

Our focus is on providing low cost, high return services using a two-phased approach. This approach allows our prospective clients to become well informed before making any type of investment with us.

US R&D

The Research and Development (R&D) tax credit was created by Congress as part of the Economic Recovery Tax Act of 1981 to encourage American industry to invest in research and development activities. The purpose of the credit was to stimulate R&D activities among businesses through tax incentives.

Initially the tax credit only benefited Fortune 500 companies but recent changes in the tax code have allowed almost any manufacturing or technology company to take advantage of the credit. For more information about the R&D Tax Credit, click here.

Canadian SR&ED

The SR&ED is in many ways similar to the US R&D Tax Credit. Our Canadian consultants can help purely Canadian companies or those with US subsidiaries and US companies with Canadian subsidiaries take advantage of the credits in both countries. For more information about the Canadian SR&ED, click here.

Sales and Use Tax Consulting Services

Our sales and use tax professionals stay current with the constantly changing state and local sales tax regulations. Using this knowledge, we provide quality, value-added state and local sales tax consulting services to meet your needs. We customize our services to meet the needs of your business and offer a variety of sales and use tax consulting services.

• Refund reviews;
• Audit representation and defense;
• Self-managed/internal audits/reviews;
• Training;
• Tax guides and manuals;
• Nexus studies;
• Dispute/notice resolution;
• Letter rulings;
• Tax planning;
• Exemption certificate management;
• Process improvements;
• Sampling analysis and evaluations;
• Predominate use studies for utilities.

For more information about Sales and Use Tax Consulting Services, click here.

Hiring and Location Incentives

Paradigm Partners offers consulting services for the following Hiring and Location Incentives:

• The Work Opportunity Tax Credit (WOTC)
• Federal HUD Zone Tax Incentives, Empowerment Zones and Renewal Communities
• HIRE Act
• Ticket to Work
• Indian Tax Credit

For more information about Hiring and Location Incentives, click here.

Cost Segregation

Cost Segregation is a strategic tax benefits tool that allows commercial property owners, who have constructed, purchased, expanded, or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes. Tenants that have made significant investments in leasehold improvements can also use this incentive to improve their cash flow and reduce their taxes. For more information about Cost Segregation, click here.

Green Building Energy Efficiency Tax Deductions (Section 179D)

The Energy Policy Act of 2005 added section 179D to the Internal Revenue Code. Section 179D permits a deduction for the costs of installing certain energy efficient building systems in commercial buildings.

To claim the deduction, a taxpayer must obtain a certification of energy savings. The certification process must be performed by a qualified firm or individual that performed an on-site inspection of the building. The energy savings must be calculated using qualified software from the Treasury Department’s list of certified software programs. Paradigm’s staff includes engineers that are qualified and certified to perform Green Building studies. For more information about Section 179 Efficiency Studies, click here.

IC-DISC

The Interest Charge – Domestic International Sales Corporation (IC-DISC) is the last remaining export incentive available to U.S. exporters. It is a domestic ‘paper’ entity set out in the Internal Revenue Code and does not require employees, offices, or tangible assets. It has been around since 1984, but did not become popular until the Jobs and Growth Tax Relief Reconciliation Act of 2003 lowered the capital gains rate. Since then, there has been significant renewed interest in this incentive. For more information about IC-DISC, click here.

Qualifying Therapeutic Discovery Project Credit

The Qualifying Therapeutic Discovery Project Credit was created by Congress as part of the Patient Protection and Affordable Care Act passed on March 23, 2010. Like other investment tax credits, national job creation and retention is an important part of the law.  When considering grants and credits, the IRS will take into account the potential to create and sustain high paying U.S. jobs, as well as the potential benefit to U.S. competitiveness in the fields of life, biological, and medical sciences.

The short life span and limited available resources of the credit make it imperative to move quickly if you are interested in taking advantage of the great new tax incentive. For more information about the credit, click here.

Contract R&D Audit & Consulting Services

The elevation of the R&D Tax Credit to a Tier I issue has dramatically increased the number of firms undergoing an R&D Audit. Done improperly, these audits can become lengthy and costly.

Paradigm Partners offers Contract R&D Audit & Consulting Services to assist companies with their audits as well as R&D Audit litigation. For more information about Contract R&D Audit & Consulting Services, click here.

Flat Rate Patent Services

Paradigm offers a Flat Rate Patent Service for the Patent Search and Utility Patent Prosecution.  The USPTO fees are passed on directly to the client.  If the invention cannot be patented after receiving the results of the Patent Search, then no additional fees will be due.

The Patent Service includes Patent Search, Provisional Patent, Utility Patent Preparation and Filing and All Office Actions. For more information about Flat Rate Patent Services, click here.