The Precision Machined Products Association (PMPA) Has Named Alliantgroup Its Select Sponsor for Tax Credits and Incentives Services
Total Page:16
File Type:pdf, Size:1020Kb
Houston, TX [April 20, 2017] The Precision Machined Products Association (PMPA) has named alliantgroup its select sponsor for tax credits and incentives services. alliantgroup, a national tax consultancy, has helped over 20,000 companies claim more than $5 billion in incentives such as the Research and Development (R&D) Tax Credit. PMPA is the leading association representing them remain competitive. We are delighted to have the precision machined products industry. The alliantgroup as a Select Sponsor.” organization supports legislative and regulatory One of the most valuable credits offered to contract changes that help to keep the manufacturing manufacturers is the R&D Tax Credit. The R&D Tax industry competitive on the world stage. PMPA also Credit is the largest federal credit available to US provides training and developmental tools to its businesses with over $10 billion claimed annually. member companies in order to attract and retain a Many day-to-day activities of precision job shops highly trained technical workforce. PMPA members qualify for the credit. A wide range of work such as are excellent candidates for many tax incentives custom tooling, machinery and product design is because precision machining requires highly eligible. Companies that have done technical work, or complex, technical work. As the industry expert on introduced new or improved processes for operations, tax incentives, alliantgroup can help PMPA members may be eligible for this incentive. identify and take full advantage of tax credits and deductions available to them. “We, like most businesses, were unaware of the R&D credit and its application. However, alliantgroup Bernie Nagle, Executive Director of PMPA, had this to showed us there have been recent changes over say, “PMPA’s reason for being is to help our member the years that have greatly expanded the number companies adapt and thrive in an increasingly of companies able to claim the credit,” said a PMPA challenging marketplace. The assistance provided by member. “alliantgroup’s team is like no other as they alliantgroup will help our member companies take have set the bar high through their professionalism, advantage of complex tax opportunities they might efficient process and industry expertise.” not have otherwise been aware of, which will help www.alliantgroup.com | 855-763-5370 | 2 Companies that are improving their products or For more information on alliantgroup and processes—in this case, the everyday technical work our tax consulting services, please contact and experimentation that is done in machine Cathryn Peno at (713) 350-5544 or email shops–traditionally qualify for the R&D Tax Credit. [email protected] Precision machining companies engineer products to customer specifications, which makes them great candidates for federal and state R&D credits because the credits were designed to benefit companies that keep technical jobs in the United States. alliantgroup is a premier tax consultancy with headquarters in Houston, Texas that helps US alliantgroup employs technical experts in the businesses, CPA firms and industry organizations manufacturing industry who understand what capitalize on federal and state tax incentives. The activities can qualify for the R&D credit. With former government offers these incentives, credits and IRS leadership on staff, no other firm has such deductions to help companies create more jobs, stay extensive tax expertise to ensure these incentives are innovative and compete in the global economy. We claimed to the fullest extent possible under the tax are proud to have helped over 20,000 businesses code. claim more than $5 billion dollars in tax incentives. These savings can be reinvested back into US “We at alliantgroup are honored that PMPA has businesses to spur further job creation and growth. named us their select sponsor for tax incentives,” alliantgroup has offices nationwide including New said Dhaval Jadav, alliantgroup’s CEO. “We very much York City, Boston, Chicago, Irvine, Sacramento, look forward to helping its members secure and Orlando, Indianapolis and Washington DC. maximize these powerful incentives.” www.alliantgroup.com | 855-763-5370.