Tartan Financial Services assists companies in all industries locate and receive money that is available through federal, state and local stimulus and incentive programs, as well as through the review of operational expenditures. All cost recovery services are performance or contingent based, so there is absolutely no financial risk or out of pocket expense to see what money is available for your company. Once we go to work for you to obtain this money, our fee is a portion of the benefit that you receive.
What are the programs and which companies qualify for these programs?
1. Commercial Property Incentive
- Commercial Property Owners with $500,000 in purchase or construction costs incurred within the last 20 years, who are profitable and paying federal income taxes. Typical benefit is $100,000 to $150,000 per $1M of building value (excluding land value).
- Leaseholders with $250,000 or more in renovation costs incurred within the last 20 years, who are profitable and paying federal income taxes.
- Property Tax Review for companies with Real & Personal Property Taxes exceeding $30,000 per year. The review can result in savings up to 15% or more of the total real and personal property taxes paid.
- Energy Review for companies spending $8,000 or more per month in energy costs. Energy Audit can result in a savings of 10% to 35%. An energy study can result in a $0.60 to $1.80 tax deduction per square foot of building.
2. Employer Incentives
- Manufacturing Incentives for manufacturing companies with $1M or more in annual payroll expense. 70% to 80% of all manufacturers qualify for the R & D Credit. Typical benefit for a $1M annual payroll is $50,000.
- Hiring Incentives for Employers hiring 25+ employees per year, or who have 50+ employees. There are over 100 hiring incentive programs. Benefits range from $1,200 to $9,000 per hire.
3. Operational Reviews
- Waste Disposal and Recycling Review for companies who spend $300+ per month on waste fees.
- Workers Compensation Review for companies with $50,000+ annual premium who are not self-insured. 60% to 70% of cases result in savings.
