US Tax Services

FI Group has its expertise and strategy directed to helping clients maximize their tax liabilities and improve cash flow.

We create tax solutions for long-term success. With professional execution and diligent attention to detail, you can have confidence your business is in good hands.  Some core services are:

State & Local Tax Recovery 

Companies are facing increasingly complex transaction tax issues. Tax laws continue to change, and taxing jurisdictions are aggressively pursuing audits to cover their budget shortfalls. Then add the new nexus changes due to the Wayfair case and the creation of economic nexus, having a tax consulting partner you can trust is essential. People who know the industry and can provide solid advice with proven strategies that apply to the transaction tax needs of your business. Services include:

• Tax research
• Audit defense
• Reverse audits
• Nexus reviews
• Registration filings
• Compliance

Cost Segregation

Cost segregation is a tax strategy that should be considered by nearly every taxpayer who owns, is constructing, renovating, or acquiring real estate. By using an engineering-based approach to identify assets within a building that can be reclassified into much shorter depreciation recovery periods than the building itself, significant tax savings can be achieved.

179D Tax Deductions (Federal Tax)

Energy deductions commercial building owners can take a federal tax deduction of up to $1.80 per square foot of the building’s floor area if they install property that reduces energy and power costs. These installations need to be a part of the building’s interior lighting systems, heating, cooling, ventilation, hot water systems, or building envelope. The deduction is allowed for both new construction and remodeling.

Real Estate and Personal Property Tax Appeals

Many businesses overpay real estate and business personal property taxes because of over-assessments on a property, inadequate fixed asset systems, and unidentified exemptions that go unchallenged. The value your county assigns to your real estate and personal property may be overstating its taxable value. Over time, any miscalculations may be costing your business. Our services include:

• Appeal presentation & representation
• Sales and assessment comparability studies
• Compliance review and analysis
• Fair market value vs. value in use analysis