The biggest obstacle we regularly face, is helping our clients understand government programs are real and legitimate. Those programs are the way our government encourages desirable business behaviors. You might already be practicing the behavior the government wants to reward you for doing. Why wouldn’t you accept their appreciation when it helps grow your business. To ignore the programs is to leave money on the table.

Americore Experience Yields Results.

For thirteen years Americore helped over 5000 clients receive money owed or save on tax bills. There are myriads of programs available to small and midsize businesses, yet they are rarely ever employed by those they were intended to help. Americore is intimately familiar with those programs. We know the documentation and information required for each program. We also know the proven program parameters and our clients have benefitted from our experience for years.

Our Knowledge Saves You Time.

That means we can quickly recognize which program will fit your business. The downside to using government programs is that the paperwork is cumbersome and complicated. The Upside to working with Americore, is that without any up front payments, we can guide you and your team through the application process. Trying to navigate the application process on your own often results in denials. Understanding application questions and program requirements is essential to receiving funds. With over thirteen years of experience, Americore has the expertise to guide you to approval time after time. Imagine your team, instead of applying and reapplying, working with Americore and getting the approval the on the first submission.

Instead of wasting time on programs that don’t fit, have your team or financial advisor talk to an Americore representative about which programs do fit. You can focus on plans that you and your firm are much more likely to benefit from. And that benefit comes much sooner than if you went after the wrong programs.

Learn if You or Your Business is Owed Incentive Money

Learn if your business is owed incentive, credit, or rebate money by speaking with an Americore advisor. We know the programs because Dennis Bays, CEO of Americore, has spent years investigating financially beneficial programs for clients. It is amazing to realize how rarely financial advisors use this prolific source of cash flow for their clients. Today, our focus is on guiding more business owners to funding opportunities, facilitating business growth and development.

We have become intimately familiar with a myriad of program opportunities, and we constantly watch for new possibilities. We aren’t trying to replace your existing team, but to work with them to maximize your cash flow through seldom utilized programs. There is considerable funding available, and not asking for your share is a waste.  Talk to us. Americore has a history of finding the Credits, Rebates & Incentives that businesses qualify for, but rarely ever know about.

Starting the Conversation…

Are you one of the 5000 clients we have saved thousands of dollars or freed up to millions of dollars for operating capital? If not, we should have a conversation.

Call our office at 747-224-8110 or contact us here. Tell your Americore Group representative what you’re looking for, and we’ll tell you how we think we can help you make that happen.

Business must be in certain industries. 

It is in the governments interest to encourage business in certain industries like Agriculture, pharmaceuticals, manufacturing, engineering, aeronautics and technology. Currently, tax incentives across US industries resulted in a reduction of $94,056,572 on a $358,916,354 total tax bill.  The manufacturing industry enjoyed a $37,384,236 reduction on a $115,469,502 tax bill, approximately a 33% discount. 

To encourage certain industries high in job provision and other national benefits, there are a plethora of incentives.  We are listing only a few of the options here. 

To find out more about surprising ways Americore can help your business improve your return on investment, contact us.

Accelerated Machinery and Equipment Depreciation Deduction. 

This deduction allows business owners to deduct their machinery and equipment’s depreciation value immediately.  By allowing the full amount immediately, it essentially gives businesses financial room to invest in equipment and machines for their factories.  In less than a year, the firm will recoup the savings on tax liabilities.

Graduated Corporate Income Credit

This tax return credit offers tax relief or businesses that earn high profits, so the owners can put more of that profit back into their companies.  In the graduated Corporate Income credit, the first $50,000 of a business income is taxed at 14%, graduating to 35% for income over $350,000. 

Creating a Number of Jobs

Domestic Manufacturing Deduction.  This deduction is designed to encourage US companies to retain domestic production jobs instead of outsourcing to an overseas factory.  If an American business manufactures products on US soil, it is likely to be eligible for this deduction.

R&D Tax Credits

The R&D Tax Credit is a misunderstood program.  You might think it would have stringent requirements, but the qualifiers are broad and accepting.  For businesses savvy enough to take advantage of it, the R&D Tax Credit can save substantial money.  There are four steps to the eligibility test for the R&D Tax Credit. 

• You need to show that you attempted to eliminate the uncertainty about development or improvement of the product or process. This must be on a fundamental level, and not reflect mere cosmetic changes.
• You must be able to demonstrate there is a process of experimentation, with simulations, modeling or testing.
• Your endeavors must be science or engineering based.
• There must be some measurable improvement in quality, reliability or performance.

Confused?  OK, here are some examples of areas of eligible innovations: software development, tool design, patents, environmental testing, automated manufacturing processes.

The differences between tax incentive programs is wide and full of misunderstandings. Some incentive plan requirements are stringent and others much more accommodating.  That’s why having a business advisory firm to guide you to the programs that best apply to your business can make a world of difference.  Americore professionals go further.  Americore guides your team through the application process.  We’d love to tell you more about Blue Apple Savings that make sense for your business.  Contact us  today to start the conversation.

Recently I came across an article on things your financial advisor may not tell you.  It was a poignant reminder that it is vitally important for your financial advisor to have business financial advisory experience. Americore professionals have that experience and are willing to provide references.

Experience Blue Apple Programs

Americore professionals have decades of financial experience.  They spent those decades becoming excruciatingly familiar with “Blue Apple” programs so their clients can benefit from these programs.  Ask your Americore professional about incentives, and he might tell you about one recently revealed incentivized health care plan.  Especially in this time, employees are concerned about healthcare coverage.  Employers funnel an inordinate amount of money into covering their employees with a good, but “affordable” healthcare plan.  But Americore found a healthcare plan for employees that pays employers to implement.  Imagine actually getting paid while your employees get the care they needed. 

Employee Retention

Perhaps you are looking at employee retention.  Motley Fools at fool.com reminds us that hiring replacement employees is expensive. Can cost you up to $15,000.  Americore offers consulting services that can help guide you in ways to first, make sure you find the right candidates.  We can guide you to onboarding best practices.  And once you have the right people, let Americore connect you to incentive programs to offset your employee recognition and appreciation costs.  The perks are another way you communicate to your employees that you appreciate them. 

Growth Funding

It may surprise some to learn that many businesses flourished in 2020.  The business models changed, and may continue to change for the future.  While some retail waded through 2020, others fortified their online presence, offering more robust online consumer experiences.  That is a change financial pundits do not see reversing itself in the near future.  It merely speeded up online consumer buying trends that were already shifting.  Americore connects clients to growth funding programs that facilitate changing now to take advantage of opportunities in 2021 and beyond.

Telemedicine

This is another fairly recent evolution in employee care.  What is great about it, other than reduction in spread of COVID19, is the reduction in down time.  Instead of taking a whole day off to visit a doctor, an employee can login to a session to real time medical care by licensed, qualified medical professionals. 

Rebates

In 2017 Florida’s economic development officials decided the way to attract businesses to the sunshine state was to offer more incentives.  Florida officials were especially frustrated after the space Command headquarters went to Alabama after incentives were cut.  What followed was the Qualified Tax Incentive program offering tax rebates to targeted industries.  The QTI program offered tax refunds ranging from $3,000 to twice that in rural counties.  Another job creation program, known as the job growth grant fund, is available on a national level.  The job growth grant fund offers rebates for employers willing to hire skilled labor at hourly wages that exceed minimum wage.  These are only a few of the hundreds of programs that Americore tracks across the United States. 

We don’t replace your team of advisors; we empower them to facilitate the growth and wellness of your business.  Enjoy the difference that an experienced Americore business advisor offers. We should have a conversation.  You’ll be glad we did.