PTDA NAMES ALLIANTGROUP EXCLUSIVE PROVIDER FOR THE R&D TAX CREDIT, SECTION 179D annually to U.S. businesses each year and rewards companies for technical improvements made to their products or processes. The AND EXPORT TAX credit is an especially good fit for PT/MC companies, with many INCENTIVE SERVICES of their daily activities leading to eligibility. For companies that are improving their products or processes Houston, TX [August 17, 2016] The Power Transmission based on scientific principles—in this case, the everyday technical Distributors Association (PTDA) is proud to announce that work and experimentation that is done on the factory floor alliantgroup, a leading tax consultancy and the nation’s premier to make a product or process cheaper, faster, cleaner or more provider of government-sponsored tax credits and incentives, has efficient—this will traditionally qualify for the credit. As the function been named the association’s exclusive provider for the Research of most PT/MC companies is to enhance production systems, this and Development (R&D) Tax Credit, section 179D and export tax makes the industry prime candidates for not only the federal R&D incentive services. Tax Credit, but many state research credits.

As an association representing industrial power transmission and “Prior to engaging for an R&D Tax Credit study, I had heard of motion control companies from across the nation, PTDA members this tax incentive but thought it only applied to big companies,” are excellent candidates for a number of major tax incentives said Ron Herem, president of Baldwin Supply Company and offered by the government. alliantgroup’s services PTDA member. “However, the experts at alliantgroup showed are specifically designed to help businesses identify and claim me how this simply wasn’t the case and demonstrated how the these valuable tax credits and incentives. tax credit did indeed apply to distributors. This education was crucial in opening my eyes to this excellent opportunity available “As the lead association for the PT/MC distribution channel, we are to companies such as ours through the R&D Tax Credit.” committed to working with the best organizations and to ensure that our members are taking advantage of every opportunity to In addition to alliantgroup’s R&D division, the company also grow and remain competitive,” said Brenda Holt, PTDA’s Director assists with the section 179D tax deduction for energy-efficient of Membership. “alliantgroup is the absolute best provider in commercial buildings and export incentives for businesses that their field, and their services offer our members a tremendous manufacture products in the U.S. for use overseas. In order to opportunity to add on-hand spending capital for their businesses. ensure their clients are taking advantage of the value they Given the various credits and incentives out there, many of which are entitled under the tax code, and that they are doing so in apply perfectly to our industry, I would encourage all of our accordance with standard IRS guidelines, the firm employs members to take advantage of their tax consulting services.” technical experts as well as former IRS leadership.

Among the most robust tax incentives that can potentially be “I am honored that PTDA has named us as their exclusive claimed by power transmission and motion control companies provider,” said Dhaval Jadav, alliantgroup CEO. “I look forward includes the R&D Tax Credit, the largest tax credit available to U.S. to introducing their members to these fantastic incentives and the businesses. The R&D Tax Credit brings an estimated $10 billion value we can provide for their members.”

www.alliantgroup.com | 800.564.4540 ABOUT PTDA

The Power Transmission Distributors Association (PTDA) is the leading association for the industrial power transmission/motion control (PT/MC) distribution channel. PT/MC encompasses a broad variety of mechanical, electrical and fluid-driven equipment such as bearings, belts, drives, motors, gears, couplings, clutches and brakes, linear motion, and hydraulics and pneumatics. PT/ MC products are found in manufacturing plants, assembly lines, in production processes—anywhere there is movement, you’ll find PT/MC products. For more information, visit www.ptda.org.

alliantgroup’s mission is one of education and awareness—we exist to help industry organizations, U.S. businesses and the CPA firms that advise them, take full advantage of all federal and state tax credits, incentives and deductions available to them. Our government has legislated these powerful incentive programs to help businesses grow and successfully compete both in the U.S. and abroad. We are proud to have helped over 18,000 businesses claim more than $4 billion in tax incentives. alliantgroup’s headquarters is in Houston, Texas, with offices across the country including , , , Orange County, Sacramento, Orlando, and Washington, D.C. For more information, visit www.alliantgroup.com.

www.alliantgroup.com | 800.564.4540