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Partner: McGuire Sponsel

McGuire Sponsel

DMA has established a strategic partnership with McGuire Sponsel to provide key services that are customized to clients' needs throughout the United States and Canada. These services include: Cost Segregation, Credits & Incentives, Fixed Asset Management, International Tax and Research & Development Tax Credtis. McGuire Sponsel strengthens our client relationships by offering a conservative, methodical approach to delivering their unique tax services.


COST SEGREGATION

Reclassify Assets to Realize Substantial Cash Flow Benefits
When acquiring, renovating or building real estate, many taxpayers tend to overstate the amount of 39-year real property, limiting the depreciation deductions available in the early stages of the investment. Cost segregation reclassifies assets by maximizing the property eligible for treatment as 5-, 7- or 15-year property. This depreciation optimization reduces tax liability and frees up substantial cash flow.

Through our partnership with McGuire Sponsel, our team employs a unique approach to cost segregation which employs civil, structural and architectural engineering knowledge coupled with tax law experience to identify components that qualify for accelerated depreciation. This engineering-based approach enables our studies to maximize the benefit while withstanding IRS scrutiny.

When Does Cost Segregation Deliver Value?
Studies can be performed for current year transactions or on a retroactive basis. While every property is unique, we frequently find benefit when the following criteria are met:

• Acquisition or New Build in excess of $750,000
• Interior renovation in excess of $200,000
• Companies with large fixed asset schedules
• Companies that renovate or make repairs frequently

Buildings that benefit include apartments, assisted living facilities, auto dealerships, hotels, manufacturing facilities, offices, restaurants and warehouses.


CREDITS AND INCENTIVES

Maximizing State and Local Incentives
Your organization may benefit substantially from incentives when expanding your workforce; relocating; buying, leasing or building a facility; or implementing other significant capital projects.

Through our partnership with McGuire Sponsel, our team provides a strategic, forward-looking approach to engaging with state and local officials before investments are made — in order to maximize value. We serve as an ongoing strategic partner while helping you secure project-specific incentives including:

Job creation incentives Economic development riders
Investment incentives Industrial revenue bonds
Abatements  Infrastructure grants 
PILOTS/FILOTS  Training grants 
Tax Increment Financing  And more... 


Incentives Process
Opportunity Assessment
– Review project-based or ongoing CAPEX and workforce plans to provide analysis and recommendations
Planning – Work with client to identify a strategy to proceed and coordinate with key internal and external stakeholders
Procurement – Negotiate incentives that maximize realized value, ensure flexibility and mitigate “clawbacks”
Implementation – Upon request, prepare reports, monitor compliance, and integrate our team with your internal resources


FIXED ASSET MANAGEMENT

Relieve Staff Burden and Increase Cash Flow

Internal tax departments have become increasingly burdened with maintaining numerous asset ledgers, reports, and reconciliations. With the issuance of the Tangible Property Regulations, PATH Act and Tax Cuts and Jobs Act in recent years, Fixed Asset Management has become more complex and requires a refined focus to maximize deductions. 

Through our partnership with McGuire Sponsel, our team provides an opportunity to remove the burden felt by performing the comprehensive management of capital expenditures for all tax and book purposes. This includes the processing of current year additions, disposals, and transfers of all fixed assets such as buildings, building improvements, leasehold improvements, land improvements, and fixed equipment. 

Our expertise with long-lived property decisions can identify areas that will increase cash flow through accelerated depreciation deductions and write-offs as a result of partially disposed assets. Our experts not only maximize the available benefit but also reduce the burden experienced by internal tax departments.

Who Do We Work With?

Hospitals Real Estate Developers / Investors
Surgical Centers Corporate Taxpayers
Assisted Living Facilities Office Complexes
Multi-Family Complexes Companies with
Large Fixed Asset Schedules

INTERNATIONAL TAX

Rely on Global Expansion Experts

When a company is moving people, goods, or services across borders, it can immediately improve return on investment by reducing its global effective tax rate. 

Through our partnership with McGuire Sponsel, our team employs a unique approach to international tax by assisting with business location decisions, entity structure, local fees and assessments, staffing decisions, and many other local business operating cost decisions. Operating and moving overseas can be unfamiliar, and our experts can guide you to a successful start in a new market.

Services
Cross-Border Transactions IC-DISC
Global Expansion International Tax Planning
Global Structuring Transfer Pricing Studies

Industries Served
Business Services Automation & Robotics
Private Equity Companies & Portfolios Manufacturing & Machinery


RESEARCH & DEVELOPMENT TAX CREDITS

Optimize R&D Tax Credit Opportunities

The R&D Tax Credit rewards companies for investments in developing new or improved products or processes. Projects must include the discovery of technological information, technical uncertainty related to the development process, a process of experimentation, and research attributable to an identifiable business component. 

Through our partnership with McGuire Sponsel, we provide both federal and state research and development tax credit studies. Our team includes accountants, engineers and consultants who work diligently with clients to explain how the credit intersects with their business in order to optimize the credit claim while reducing any exposure if audited. 

What makes a great R&D tax credit opportunity? 

  • Do you employ chemists, engineers, programmers, or scientists? 
  • Do you develop and/or improve new products or processes? 
  • Do you build prototypes to test? 
  • Do you incur raw material costs during the product development/ improvement process? 
  • Do you subcontract any engineering or testing functions? 
Industries Served
Architecture Services Machinery
Automation/Robotics Manufacturing
Design/Build Contractors Software

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